Nana Appiah Mensah | Menzgold CEO
Nana Appiah Mensah | Menzgold CEO

The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, has dismissed claims that he jumped bail and escaped to Dubai to avoid being arrested.

Addressing the press on 19th August, Appiah Mensah stated that contrary to claims that covertly sneaked out of the country, the Economic and Organised Crimes Office (EOCO) was informed of his intention to travel out of Ghana.

Appiah Mensah popularly known as NAM 1 stated that his bail conditions did not include a travel ban in any form.

“I went to other African countries…then from there I went to Asia so I did not escape,” NAM 1 said adding “the EOCO invitation was not tied to a travel ban…a day before I departed, I Informed EOCO, we can check EOCO’s records, I informed EOCO that I was traveling” he said.

NAM 1 also revealed that he was framed by a Dubai-based gold dealership company, Horizon Royal Diamond which got him arrested in the United Arab Emirates (UAE).

“I embarked on the company’s asset or debt recovery overseas…in the course of my pursuit, upon my arrival in Dubai on the 7th December 2018, I was framed up by one of the companies, Horizon Royal Diamond, which owes our company 750kg of gold valued at USD39 million.

“Believing that Menzgold is doomed for closure due to the unfavourable media reportage and customers’ protest in Ghana hence tabled the bogus claim that they have been defrauded by another Ghanaian company – Just Gold Company Limited with frivolous claims that Just Gold Company Limited is having associations with our company which is very false.”

The embattled CEO of Menzgold also implored the Attorney General’s Department to help him retrieve his locked up 39 million dollars to aid him pay Menzgold investors.

 

Source: Ghana/Starrfm.com.gh/103.5FM