The Ghana Police Service has confirmed earlier reports by Citi News that Menzgold CEO, Nana Appiah Mensah, popularly known as NAM 1, is indeed under arrest in Dubai.
[contextly_sidebar id=”QFhx1WP9HZFAsBdVSdb3kgfw7o27JShW”]According to the Ghana Police service, they were informed on the arrest by Nana Appiah Mensah by Emirati Officials based in Dubai on Sunday, 13th January.
The statement however revealed that, NAM 1 was arrested as at 7th December 2018.
Unanswered questions?
The confusion for many is that, if NAM 1 was arrested as at December 7, 2018 as the Police explains, then it would be unusual for the police to have given the impression that they did not know his whereabouts.
But some have also suggested that the police indeed may not have been aware of his whereabouts, until the warrant was issued for his arrest.
The clarification from the police follows conflicting media reports about whether NAM 1 has been arrested or not.
His arrest according to the Police statement, is to facilitate investigation into claims that he had been involved in a scandalous gold trading deal in Dubai.
In a statement signed by the Director-General of the Public Affairs, ACP David Eklu, the Ghana Police Service said it is engaging authorities in Dubai on the next steps since there’s already a warrant for his arrest in Ghana.
The Police service further assured the public that due processes will be followed to bring closure on this matter.
Background
Citinewsroom.com reported about the arrest of Nana Appiah Mensah, the Chief Executive Officer of gold dealership company, Menzgold, yesterday.
He was reported to have been picked up in Dubai on Saturday by Interpol.
His arrest, according to Citi News sources, is not in relation to the scandal in Ghana, in which his company, believed to be a ponzi scheme, is unable to pay back thousands of customers their investments.
The arrest, which was first reported by the Statesman Newspaper’s online portal, is believed to have occurred after a complaint filed by an individual in that country, who claims to have been duped in a gold deal by Mr. Appiah Mensah.
Back in Ghana, Nana Appiah Mensah has been declared wanted over his company’s inability to pay investors their monies, together with two other directors of the company. An arrest warrant has been secured to have them brought before the law to answer a charge of defrauding by false pretense.
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By: Jude Mensa Duncan | Citinewsroom.com | [email protected]
