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NAM1 Speaks Out! …Wins $23 million Case In Dubai


Nana Appiah Mensah, Chief Executive of Gold Dealership Firm, Menzgold has expressed his gratitude to God following his acquittal and discharge in Dubai over his case in court.

Charged with fraud over a gold deal worth $23 million with a UAE company based in Dubai, Mr Mensah was acquitted and discharged yesterday.

The visibly happy Menzgold CEO took to Instagram yesterday to express joy affirming his faith in God saying “Jesus Christ is the same yesterday, Today and forever”.

Pay NAM1

According to sources, the court presiding over the case further ordered the company to pay Mr Mensah all outstanding debts.

The news of Mr. Mensah’s victory has put the government under pressure to get him brought back to Ghana within days to in order to refunds customers of his troubled gold trading firm.

Speaking to journalists Tuesday, a deputy Attorney General and Minister of Justice Joseph Kpemka confirmed the acquittal and discharge of Mr Mensah.

But, he stated that the complainant in the case has a 30-day period within which to appeal against the decision and that Mr Mensah can only be extradited to Ghana after that period elapses without an appeal from the complainant.

“So, I can confirm on authority that he has won the case in Dubai pending any appeal by the complainant in that matter and if there’s no appeal in that case after 30  elapses and his freedom is without questioning,”  then he can be brought back to Ghana, he stated.

Fate Hangs

It may be recalled that a government delegation dispatched to the UAE in January this year to facilitate the extradition of Mr Mensah to Ghana returned to Accra without him.

The delegation includes Deputy Attorney General, Joseph Dindiok Kpemka, a representative from the Economic Organised Crime Office (EOCO), the Bureau of National Investigation (BNI) and National Security.

The delegation was sent to negotiate the repatriation of Mr. Mensah affectionately referred to as NAM1 following reports that he was arrested in the Gulf country in a gold deal gone bad.

The situation parked series of protests from customers of the NAM1 urging the government to intervene in assisting them to recoup their locked up capital at Menzgold.


So far, the Economic and Organised Crime Office (EOCO), says it has secured a court order confirming the freezing of assets of Menzgold and other related businesses belonging to its CEO, NAM 1.

EOCO in a release Tuesday, dated January 29 and signed by Head of Public Affairs Unit, Jacquline Avotri, advised family members of the wanted fugitive as well as associates in possession of such properties to submit them to EOCO in their own interest.


By Jeffrey De-Graft Johnson

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