An Accra Circuit Court has adjourned the case involving Chief Executive Officer of defunct Menzgold, Nana Appiah Mensah, to September 7, 2020.
The decision by the Court follows the failure of the Prosecutor to file new charges against the suspect, popularly referred to as NAM 1.
The Court on June 23, 2020, presided over by Ellen Asamoah, adjourned the case to July 20, 2020 to allow the Prosecutor, Assistant Superintendent of Police, ASP Sylvester Asare file new charges after the state opted to drop all 61 charges against NAM 1.
NAM 1, his wife, Rose Tetteh, and sister Benedicta Mensah have been dragged to court on allegations that they used Menzgold as a tool to defraud people of GHC1.68 billion.
NAM 1 was arrested but later released on August 17, 2019 after meeting details of a revised bail conditions.
The Court initially granted him bail of GHC1 billion with 3 of the 5 sureties mandated to show evidence of having properties worth the amount.
He was also ordered to report to the Ghana Police Service every Wednesday.
Subsequently, the Court softened its stance after a plea by NAM 1’s lawyers and revised the bail terms to a sum of GHC1 billion with none of the 5 sureties mandated to show proof of properties worth the amount.
The Prosecution is expected to file the new charges against the defunct Menzgold CEO to enable the Court take his plea.
Source: ABC News