By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FMStarr FMStarr FM
  • Home
  • Election Hub
  • General
    GeneralShow More
    Ride-hailing drivers launch sit-down strike over high commissions and unfair penalties
    November 5, 2026
    Police arrest three suspected outlaw motorcycle gang members in Kumasi Suame
    November 5, 2026
    Ghana’s petroleum demurrage costs hit US$46.73m in 2026 – CEMSE
    November 5, 2026
    ORC dissolves 323 companies, including Ashanti Cement and Ghana Breweries
    November 5, 2026
    NPP’s Kwesi Botchway Jnr. accuses Ablakwa of exploiting xenophobic attacks for political publicity
    November 5, 2026
  • Business
    BusinessShow More
    BoG Governor challenges stakeholders to turn financial health discussions into action
    November 5, 2026
    Ghana’s petroleum demurrage costs hit US$46.73m in 2026 – CEMSE
    November 5, 2026
    ORC dissolves 323 companies, including Ashanti Cement and Ghana Breweries
    November 5, 2026
    Ghana’s petroleum prices inflated by decade-long delay in alternative mooring facility – CEMSE
    November 5, 2026
    Queen Máxima visits Bank of Ghana as Ghana steps up financial health agenda
    November 5, 2026
  • Politics
    PoliticsShow More
    NPP’s Kwesi Botchway Jnr. accuses Ablakwa of exploiting xenophobic attacks for political publicity
    November 5, 2026
    NPP’s Kwesi Botchway Jnr. demands receipts for GH¢27m South Africa evacuation flights
    November 5, 2026
    NPP has failed to establish case for Ablakwa’s removal – Julius Kwame Anthony
    November 5, 2026
    Minority yet to produce witnesses to back claims of Ghanaians being shortchanged – Julius Kwame Anthony
    November 5, 2026
    Minority has no authority to demand evacuation invoices – Julius Kwame Anthony
    November 5, 2026
  • Entertainment
    EntertainmentShow More
    Ghana’s languages are a vital cultural asset, let’s promote it – Dzifa Gomashie
    November 5, 2026
    Akwaaba UK unveils December in Ghana 2026 events lineup
    October 19, 2026
    MzVee, Sista Afia, Ugoccie and Sefa celebrate life on new single ‘Enjoyment’
    October 16, 2026
    ‘There is life after cancer’ – Stephanie Benson
    October 15, 2026
    Stephanie Benson calls for performance schools in Ghana
    October 15, 2026
  • Sports
    SportsShow More
    “Ghana can be proud”: French Ambassador backs Black Challenge’s World Cup dream
    November 4, 2026
    Samson Deen calls for wider sports support after Gold Fields backs Black Challenge
    November 4, 2026
    Gold Fields Ghana commits US$500,000 to Black Challenge ahead of World Cup
    November 3, 2026
    Dakar 2026: Ghana’s young athletes carry nation’s hopes at historic youth olympics
    November 2, 2026
    GPL Roundup: Medeama hold Kotoko as Hearts lose to Debibi
    November 2, 2026
  • Technology
    TechnologyShow More
    Samuel Nartey George elected Chair of AU Communications and ICT Committee
    October 29, 2026
    AVAS 2026: Accra to Drive Africa’s Tokenisation Agenda
    October 28, 2026
    Yellow Card wins Gold in Diamond category at 2026 Money Awards
    October 27, 2026
    Dorcas Affo-Toffey engages Ceris Technologies on port digitalisation, cybersecurity
    October 22, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
  • International
    InternationalShow More
    Queen Máxima visits Bank of Ghana as Ghana steps up financial health agenda
    November 5, 2026
    Ghana launches ‘Experience Ghana’ campaign at World Travel Market London 2026
    November 4, 2026
    Slavery’s legacy: King Charles III pushes modern partnerships, economic opportunities
    November 4, 2026
    ‘History is not ours to choose or change’ – King Charles III on slavery’s legacy
    November 4, 2026
    Do not let Javits’ case go cold – Afenyo-Markin urges Ghana’s US mission to pursue justice
    November 3, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Menzgold case: NAM1 disagrees with order to open Defence, considers redress
Share
Notification Show More
Font ResizerAa
Starr FMStarr FM
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

Menzgold case: NAM1 disagrees with order to open Defence, considers redress

Starrfm.com.gh
By Starrfm.com.gh
Published: July 12, 2024
Share
starrfm.com.gh
CEO of Menzgold - Nana Appiah Mensah
SHARE

Founder of defunct Menzgold, Nana Appiah Mensah, has expressed disagreement with the decision of the High Court in Accra to open his Defence to charges after dismissing his motion for submission of no case to answer.

Justice Ernest Owusu Dapaa, a Justice of the Court of Appeal sitting as an additional High Court judge, ruled that prosecution through its nine witnesses has been able to establish a prima facie evidence against them in 35 out of the 39 counts.

Breaking his silence moments after the Court had ordered him to open his Defence, NAM1 said he is not guilty of the offenses.

“We had some acquittals and a huge chunk of the charges have been dismissed, which is fine. We disagree with the judgment of the court, but it is worthy of note that the disagreement does not in any way erode our confidence in the judiciary or the court,” he stated.

“I will speak with the legal team of the defense and we will consider and explore all necessary rights to redress under the parameters of rule of law. We have always maintained that we are not guilty and we still stand by that,” he added.

“So once we disagree, the law permits that we take it to all the legal remedies under our legal dispensation. So, we will go back to the drawing table to defend ourselves and to affirm and get the court to proclaim our innocence to the whole world,” NAM1 intimated.

The initial 39 counts comprised a count each of selling gold contrary to section 99 (1) of the Minerals and Mining Act, 2006 (Act 703, Operating a deposit-taking business without a license contrary to section (1) and 22 (1) of the Banking and Specialized Deposit-Taking Institutions Act, 2016 (Act 930) and Inducement to invest contrary to section 344 of the Companies Act, 2019 (Act 992),

The others include 22 counts of Defrauding by false pretense contrary to section 131 (1) of the Criminal Offences Act, 1960 (Act 29), seven counts of fraudulent breach of trust contrary to section 128 of the Criminal Offences Act, 1960 (Act 29) and seven counts if Money Laundering contrary to section 1(2)(a)(i) of the Anti-Money Laundering Act, 2020 (Act 1044).

However, the counts have been reduced to 36 after the prosecution abandoned three of their counts because of the unavailability of the victims.

Justice Ernest Owusu-Dapaa has adjourned the case to July 23 for the Case Management Conference and for further directives for NAM1 to open a defense.

Source: Ghana/Starrfm.com.gh/Murtala Inusah

Work begins on Tema Motorway grade separation project
Nkoko Nkitinkiti programme to be launched in October – Agric Minister
Bawumia attends UK-Ghana Business Council meeting in London
Gov’t employs 20,000 in afforestation programme  – Akufo-Addo
Gov’t renegotiating Fifth Freedom Traffic Rights – Dapaah
TAGGED:Menzgold casenam1NAM1 disagrees with order
Share This Article
Facebook Email Print
Share
Previous Article Akufo-Addo accepts NAPO’s resignation as Energy Minister
Next Article Publish outcome of your review of SSNIT hotels deal if it was transparent – Ablakwa to NPRA

Starr 103.5FM

Starr FMStarr FM
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!
Subscribe to our newsletter and never miss our latest in news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?