Submission of no case: High Court orders NAM1 to open defence

An Accra High Court has ordered embattled Chief Executive Officer of defunct gold dealership firm, Menzgold to open his defense after the court held that prosecution has established grounds of misdemeanor which he ought to provide answers for.

Nana Appiah Mensah, also known as NAM1 together with his companies – Menzgold Ghana Limited and Brew Marketing Consult Ghana Limited have been charged with 39 counts of offences.

The charges include selling gold without a license, operating a deposit-taking business, inducement to invest, defrauding by false pretence, fraudulent breach of trust and money laundering.

In his almost 5-hour ruling, Justice Ernest Owusu Dapaah dismissed the submission of no case application filed by counsel for the Menzgold boss but noted that prosecution failed to provide evidence for charges 6,7, 8 and 24.

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The post Submission of no case: High Court orders NAM1 to open defence first appeared on 3News.

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