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NAM1 announces protest against UAE govt at embassies over unpaid compensation

Former Chief Executive Officer of Menzgold, Nana Appiah Mensah, popularly known as NAM1, has revealed plans to organize a protest against the government of the United Arab Emirates (UAE).

The protest is scheduled to take place at various UAE embassies, including the one in Ghana.

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In a post shared on X on Monday, November 20, 2023, NAM1 announced that the demonstration, expected to draw 2000 participants, aims to demand a $30 million compensation for what he claims was his unlawful detention by the UAE government.

Additionally, he stated that the protest will also serve as a platform to seek payment of outstanding arrears amounting to $43.8 million owed to him by a UAE-based entity.

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“Brace up friends, for a 2,000-man protest at the UAE embassy in Ghana and elsewhere overseas SOON, to claim a USD$43.8 million dollars (750kg of Gold) owed me and another USD$30 million dollars as compensation, for my unjustifiable detention by the Dubai Police in 2018/2019,” he wrote.

Nana Appiah Mensah, commonly known as NAM1, has shared a collection of documents, among which is a letter dated June 11, 2018. This correspondence was directed to Horizon Royal Diamond DMCC, a Dubai-based firm, urging the settlement of a gold purchase agreement.

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Included in the disclosed documents were particulars of NAM1’s arrest by the Dubai Police, primarily documented in the Arabic language.

It is noteworthy that on January 14, 2018, Assistant Commissioner of Police, David Eklu, officially confirmed the apprehension of Nana Appiah Mensah, the Chief Executive Officer of Menzgold Ghana Limited, by Dubai authorities. The arrest was linked to a problematic gold deal.

“His arrest in Dubai is to facilitate investigations into suspicions that he had involved in a gold trading deal gone bad within the Emirati jurisdiction,” He told the media.

A Ghanaian court issued a warrant for NAM1’s arrest after his gold dealership failed to reimburse the client for their money.

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