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



Advertisement

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.

More
soon..