Police deposit GH¢2.5m NAM1 Menzgold cash at Bank of Ghana

The Ghana Police Service has confirmed the deposit of GH¢2.5 million, received from Nana Appiah Mensah, the former CEO of Menzgold, at the Bank of Ghana.

This action, in accordance with advice from the Office of the Attorney-General, transpired on October 20, 2023, the Police said in a statement. 

Nana Appiah Mensah, commonly known as NAM 1, handed over this sum, which has now been placed in the Police Exhibit account at the Bank of Ghana, earmarked for the Court’s attention.

This financial transaction is a significant development in the ongoing investigations pertaining to complaints lodged by customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited. These matters are currently under adjudication at the Accra High Court, with Nana Appiah Mensah as the prime suspect.

The police service underlined that any decisions regarding the allocation of these funds will be subject to the court’s jurisdiction. 

Source: GraphicOnline

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