The Supreme Court has dismissed an application filed by Nana Appiah Mensah, also known as NAM1, former CEO of the defunct Menzgold Ghana Limited, seeking to stop his ongoing criminal trial.
The apex court upheld earlier decisions by the High Court and Court of Appeal, ordering NAM1 to open his defence without further delay.
NAM1 faces multiple charges, including selling gold without a licence, fraudulent breach of trust, defrauding by false pretence, and money laundering.
The charges stem from his management of Menzgold Ghana Limited, which left thousands of customers financially devastated after the company collapsed in 2018.
The Supreme Court’s ruling means the trial will proceed, following the High Court’s 2024 directive requiring NAM1 to begin his defence.
The case has garnered significant public interest, with many awaiting justice for aggrieved Menzgold customers.
The prosecution alleges NAM1 and his companies, Menzgold Ghana Limited and Brewmax Limited, engaged in illegal activities, causing substantial financial losses to customers.
NAM1’s defence team had challenged the trial’s continuation, but the Supreme Court’s latest ruling paves the way for the trial to move forward.
