NAM1’s arrest good way to go – Amanda Clinton

Share this storyShare on Facebook
Tweet about this on Twitter
Share on LinkedIn

Amanda Clinton, lawyer for aggrieved customers of MenzGold says although the issuance of a bench warrant for the arrest of MenzGold CEO, Nana Appiah Mensah, is a good way to go, his arrest and subsequent trial is the goal.  

On September 12, 2018, the SEC first told Menzgold to stop gold trading operations with the public.

According to the SEC, Menzgold had been dealing in the purchase and deposit of gold collectables from the public and issuing contracts with guaranteed returns with clients, without a valid license from the Commission.

An Accra Circuit Court  on Wednesday  issued a warrant for the arrest of embattled businessman Nana Appiah Mensah after his investment company, Menzgold, failed to refund clients' monies.

NAM-1, as he is popularly called, is wanted for defrauding by false pretense. He is also wanted for money laundering.

Lawyer for aggrieved customers of MenzGold, Amanda Clinton speaking to Kaakyire Ofori Ayim on Atinka AM drive, explained that she will go the extra mile to seek justice for her clients.

She reiterated that that the Central Bank’s failure to stop the Gold trading firm in its first year of operations makes them complicit in the whole scandal.

Ghana | | Vivian Adu Boatemaa