By: Franklin ASARE-DONKOH
Embattled Chief Executive Officer (CEO) of the defunct Menzgold Ghana Limited, Nana Appiah Mensah known in business circles as NAM 1, has stated that he will go back to the Ghana Police Service and retrieve his GH₵2.5 million sent to them for distribution to customers.
According to NAM 1, the police service was not supposed to deposit the money with the Bank of Ghana.
“The intent was not to give money to the police to distribute. We went to the police because we wanted security. The agreement with the police was to have them provide a desk where we could distribute the money,” he said in an interview on Starr FM.
“I am surprised the money has been deposited at the Bank of Ghana. I will go back to the police and ask them to give the money back to me because that was not the arrangement we had,” Nana Appiah Mensah added.
The police, on the advice of the Office of the Attorney-General, on Friday, October 20, 2023, received an amount of GH₵2.5 million from Nam 1.
In a statement on Tuesday, October 24, the Police administration indicated that the said amount has been deposited in the Police Exhibit account at the Bank of Ghana (BoG) for the attention of the Court.
According to the Police, the amount is part of investigations into petitions received from some customers of the defunct gold dealing company and Brew Marketing Consult Limited, currently before the Accra High Court against Nana Appiah Mensah.
“We would like to state that the decision on the disbursement of the money will be determined by the court,” the statement concluded.
It remains to be seen whether the police will heed Nana Appiah Mensah’s request and return the money to him.