GHANA’S ATTORNEY GENERAL FILES 39 CHARGES AGAINST NANA APPIAH MENSAH aka NAM1

The other charges are seven counts of “Money Laundering contrary to section 1(2)(a)(i) of the Anti-Money Laundering Act, 2020 (Act 1044)”

The Office of the Attorney General indicated that its investigations show that NAM1 truly committed the offences he has been charged with.

“Investigations revealed that the accused persons under false pretences took a total sum of One billion, sixty hundred and eighty million, nine hundred and twenty thousand Ghana cedis (GH 1,680,920,000) from their customers which these customers have not recovered.

“Investigations further disclosed that between 2017 and 2018, the accused persons transferred huge sums of depositor’s funds from Menzgold Ghana Company Ltd. and Brew Marketing Consult Ltd to Zylofon Media, a company related to Al. Huge sums of money were also withdrawn by Al or transferred into his bank account for his personal use.

“Investigations have established that the money fraudulently obtained from depositors and dishonestly appropriated by the accused persons remained unpaid as Menagold Ghana Company Ltd.’s licence was revoked. In the course of investigations, a number of vehicles were recovered from the accused persons which have been auctioned, and the proceeds kept in an exhibit account. Some gold bars were also recovered from the accused persons,” parts of the court document, reads.

The court set September 19, 2023 to commence the hearing of the case.