The team of Nana Appiah Mensah, embattled CEO of troubled gold dealership, Menzgold, has postponed the hopes of the over 16,000 customers of the company that were looking forward to engaging him on the retrieval of their locked funds after he was granted bail.
According to the team, the man known as NAM1 is sick and is being given urgent medical attention after a nine month travail in Police cells both in Ghana and Dubai.
A statement by his team Wednesday did not give much detail on his condition and the kind of treatment he is receiving except to say he is seeking medical attention “for the excruciating nine-month ordeal in Dubai and Ghana”.
NAM1, was first arrested in Dubai on December 4, 2018, following a botched gold business transaction in that country. He was subsequently tried on misdemeanour charges but was acquitted and discharged.
the Menzgold CEO, who was also wanted for allegedly defrauding over 16,000 Ghanaians to the tune of 1.6 billion cedis, was on July 11 this year arrested by the Police CID when touched down at the Kotoka International Airport from Dubai.
He was placed in custody until July 26 when he was granted 1 billion cedis bail with five sureties, three of whom were to be justified; conditions he was unable to meet until a revision of same on August 6 by the court.
Just a day after his release from custody, some of the affected customers of MenzGold have been demanding Nana Appiah Mensah addresses them on the way forward, particularly regarding their locked up investments.
But a statement issued under the hand of Nii Amarh Amarteifio, head of communications at MenzGold, urged all the customers to remain calm and “await the next steps to be announced by Nana Appiah Mensah in the coming days”.
He, however, expressed gratitude to the public, especially their customers, for the steadfast and support for NAM1during the period that he was in custody.
In the meantime, the statement said “the CEO is currently receiving urgent medical attention following the excruciating nine-month ordeal in Dubai and Ghana.