Menzgold saga: NAM 1’s account frozen by EOCO
Reliable information available to Adomonline.com indicates that the bank accounts of the embattled businessman, Nana Appiah Mensah, popularly known as NAM 1, has been frozen.
A source at the Economic and Organised Crime Office (EOCO) said they were in court to secure an order to freeze his other assets, pending investigations.
NAM 1 has been arrested in Dubai over a botched gold transaction far different from any Menzgold related issue.
But he has been charged with defrauding by false pretences after the gold-trading entity failed to pay its clients’ dividends or principal investments since August 2018.
From that period, affected customers of Menzgold have held several demonstrations to demand their investments whiles pleading with the government to intervene and retrieve their monies for them.
The government has repeatedly said taxpayers’ money will not be used to rescue the affected customers but has assured of his arrest to refund the money.
He is currently in custody in Dubai and government is taking steps to bring him back to Ghana to face the laws of the land.
Source: Ghana|Adomonline.com
-
Lifestyle3 weeks ago
Road Safety Authority narrates how buttocks causes road accident
-
GENERAL NEWS1 month ago
Why 15 police officers stormed Owusu Bempah’s church – Kumchacha narrates
-
GENERAL NEWS3 weeks ago
Watch how Ibrahim Mahama rode Honda superbike to pay last respects to late friend
-
GENERAL NEWS4 weeks ago
How Offinso residents storm destooled queen mother’s house, demand for new chief
-
South Africa News4 weeks ago
Woman thrown out of a speeding taxi while on her way to work
-
GENERAL NEWS6 days ago
Deadly clash between youth and navy personnel results in two deaths at Tema Manhean
-
SHOWBIZ KONKONSAH7 days ago
Junior Pope’s Death: Video of John Dumelo refusing to join canoe for movie shoot over safety concerns resurfaces
-
News Africa1 month ago
‘Satanically dubious’ – SCOAN releases statement on BBC’s report about TB Joshua, church