• Latest
  • Trending
NAM 1 granted GH¢500 million bail

NAM 1 granted GH¢500 million bail

September 19, 2023
“EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO

“EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO

May 29, 2025
Opposition gives us the chance to listen more and strategize - Eugene Boakye

Opposition gives us the chance to listen more and strategize – Eugene Boakye

May 29, 2025
NPP must be financially independent-Eugene Antwi Boakye

NPP must be financially independent-Eugene Antwi Boakye

May 29, 2025
Trump administration to go to Supreme Court on Friday if unable to block tariff ruling

Trump administration to go to Supreme Court on Friday if unable to block tariff ruling

May 29, 2025
Wontumi arrest: Treat others the way you want to be treated - Afenyo-Markin to NDC

Wontumi arrest: Treat others the way you want to be treated – Afenyo-Markin to NDC

May 29, 2025
When did EOCO become a detention centre? – NPP Official questions Chairman Wontumi’s detention

When did EOCO become a detention centre? – NPP Official questions Chairman Wontumi’s detention

May 29, 2025
Eugene Antwi Boakye calls for public disclosure of Prof. Mike Oquaye’s report

Eugene Antwi Boakye calls for public disclosure of Prof. Mike Oquaye’s report

May 29, 2025
Tidy things up and provide clarity on 24-hour economy– Oppong Nkrumah tells government

Tidy things up and provide clarity on 24-hour economy – Oppong Nkrumah tells government

May 29, 2025
A Tribute to Dr. Felix Konotey-Ahulu

A Tribute to Dr. Felix Konotey-Ahulu

May 29, 2025
Private Schools join Free SHS Policy as government finalizes partnership framework

Private Schools join Free SHS Policy as government finalizes partnership framework

May 29, 2025
NRSA to sue assemblies within Accra over unauthorized Billboards

NRSA to sue assemblies within Accra over unauthorized Billboards

May 29, 2025
Govt reaffirms commitment to equitable debt restructuring

Gov’t reaffirms commitment to equitable debt restructuring

May 29, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

NAM 1 granted GH¢500 million bail

in News, Top Story
NAM 1 granted GH¢500 million bail

NAM 1 granted GH¢500 million bail

Share on FacebookShare on TwitterShare on Whatsapp

Nana Appiah Mensah, the CEO of the now-defunct Menzgold Ghana Limited, has been granted bail to the tune of GH¢500 million with four sureties, none of which are required to be justified.

The decision came after NAM 1 pleaded not guilty to a total of 39 counts of fraud and money laundering charges, which have been brought against him, Menzgold Ghana Limited, and Brew Marketing Consult.

According to reports, NAM 1’s defence lawyer, Kwame Akuffo, successfully petitioned the court to maintain the GH¢5 million bail amount, which had previously been set at the circuit court before the state entered a nolle prosequi. The state, represented by Deputy Attorney General Alfred Tuah Yeboah, did not oppose the bail application but insisted that the accused should deposit his passport.

Alfred Tuah Yeboah urged the court to consider the substantial sum of GH¢1.68 billion involved in the ongoing legal matter.

After careful consideration, the presiding judge ruled in favour of granting bail to Nana Appiah Mensah. He ordered a bail amount of GH¢500 million with four sureties, none of whom are required to be justified. Additionally, NAM 1 has been directed to deposit his passport at the court registry as part of the bail conditions.

In a separate condition, the judge has instructed NAM 1 to report to the Criminal Investigations Department (CID) headquarters every Thursday.

Tags: Ghanahappy FMNAM 1

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Menzgold: NAM1 pleads not guilty to 39 charges of money laundering, fraud, others

Next Post

Mondo Duplantis sets new World record

Next Post
Mondo Duplantis sets new World record

Mondo Duplantis sets new World record

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • “EOCO kidnapped Wontumi” – Nana B alleges political targeting by EOCO
  • Opposition gives us the chance to listen more and strategize – Eugene Boakye
  • NPP must be financially independent-Eugene Antwi Boakye
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.