General News of Monday, 11 February 2019Source: ghananewsagency.orgNAM1 to make third appearance in Dubai court on Valentine’s DayNana Appiah Mensah, CEO of Menzgold Ghana LimitedChief Executive Officer of the troubled gold dealership company, Menzgold, Nana Appiah Mensah (NAM1), will make his third court appearance in Dubai on Thursday, February 14, where he is facing a misdemeanour charge over a US$23 million deal, gone bad. The criminal charge of misdemeanour in Dubai is equivalent to a Second Degree Felony in Ghana and if found guilty he could spend up to two years in prison. Back home the Economic and Organised Crime Organisation (EOCO), has frozen the properties of Menzgold and its associated companies. A Dubai-based business man reported Nana Appiah and eight of his business partners, to the Dubai Police for fraud in May 2018. A fact-finding delegation sent by the Government, reported that the Emirati authorities would make Nana Appiah available to their Ghanaian counterparts upon the final determination of his case.
Source: GhanaWeb February 11, 2019 14:15 UTC