Interpol has claimed that Chief Executive Officer (CEO) of embattled gold collectibles firm, Menzgold Ghana Limited, Nana Appiah Mensah aka NAM1, allegedly defrauded customers of the company in excess of GH¢5.4 billion.
A record purportedly arranged by Interpol for the Dubai Police titled, ‘Interpol Red Alert,’ which is being utilized to hold NAM1, asserted NAM1 has been accused of cheating by falsifications and tax evasion.
Be that as it may, there are disparities in the make sense of putting by Interpol since the GH¢5.4 billion cited by Interpol does not seem, by all accounts, to be a likeness $1.2 million, which is additionally recorded by the global policing body.
Per the red alarm, Interpol is declaring that NAM1 supposedly abused “Area 131 of Act 29/60 and Section 1 of Anti-cash Act as corrected (Act 874).
The capture warrant, as indicated by the alarm, was issued on January 10, 2019 by a circuit court in Ghana and the greatest punishment conceivable, if NAM1 is indicted, would be 25 years.
In its rundown of the actualities of the case, Interpol showed that “in December 2013, suspect Nana Appiah Mensah fused two organizations to be specific Menzgold Ghana Limited and Brew Marketing Consult Limited,” including that “his better half Rose Tetteh and sister Benedicta Appiah are executives of the organizations.”
The alarm expressed: “Suspect Nana Appiah Mensah, under false guise, got cash in overabundance of GH¢5.4 billion ($1.2 million) from people in general, however, washed same into the obtaining of land, high-esteem vehicles and a personal jet; he has since left the ward, and is accepted to stow away in Nigeria, South Africa or somewhere else”.
NAM1 was allegedly set free by a court in Dubai, United Arab Emirates (UAE) as of late in the wake of winning an instance of extortion brought against him by Horizon Royal Diamonds in an indicated $51 million gold arrangement.
NAM1 was made to post a safeguard obligation of $3.5 million, and he is said to be seeking after the organization that caused his capture over the $31 million.
As per reports, he was captured in Dubai where he made a trip to recover his cash from the organization.
A source near NAM1 specified: “He is attempting frenzied endeavors to find organizations and people who owe him so as to get more money to pay Menzgold Ghana Limited clients whose ventures have been bolted up following the conclusion of the business.”
Every day GUIDE revealed that the Dubai examiners understood that a by all appearances argument probably won’t be built up against NAM1 in a $51 million gold arrangement, and therefore the court began to ‘unwind’ the limitations set on him.
Rundown of Customers
Day by day GUIDE’s examinations in February uncovered that there were an aggregate of 4,998 clients of Menzgold and not the evaluated 46,000 as distributed before in the media.