Sunday , September 20 2020

PROSECUTOR ASKS FOR MORE TIME TO INVESTIGATE NAM1

An Accra Circuit Court has adjourned the hearing of the case of the Chief Executive Officer (CEO) of troubled gold dealership company, Menzgold Ghana Limited, Nana Appiah Mensah (NAM1) to Monday, December 23, 2019.

This follows a request made by the prosecutor, ASP Sylvester Asare for the court to grant him more time to conclude investigations that are at advanced stages.

The court presided over by Her Honour Harriet Akweley Quaye, following the request, adjourned the case.

Nana Appiah Mensah after his second appearance in court in July 2019, was granted a GH¢ 1 billion bail by an Accra Circuit court.

He was to present five sureties, three of whom must be justified.

The beleaguered CEO is on trial for two counts of abetment to defraud by false pretense and two counts of abetment to carry out banking business without a licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Story by Theresah Mensah.

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