NAM1 Remanded

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Embattled Menzgold Chief Executive Officer, Nana Appiah Mensah, popularly known as NAM 1, has been remanded by a Circuit Court in Accra.

Joy News’ Joseph Ackah-Blay reported that four charges have been leveled against him.

He has been charged with two counts of abetment to defraud by false pretence and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Two of his companies — Brew Marketing Consult and Menzgold Ghana Limited — represented by him, have each been charged with defrauding by false pretence, contrary to sections 20 (1) and 13 (1) of the Criminal Offences Act, 1960 (Act 29)

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Daniel Agyemang