Nana Appiah Mensah aka Nam1, CEO of Menzgold Ghana Limited, has established that he intends to reclaim his GH₵2.5 million from the Ghana Police. He clarified that the money wasn’t meant for the Bank of Ghana; it was for secure distribution by the police.
In an dialogue with Starr FM, Nam1 stated that their agreement was to use the police as security for money distribution. He also noted that it was not for the money to be deposited in the Bank of Ghana. Nam1 was taken aback when he found out that the money was deposited at the Bank of Ghana. He insisted he would approach the police to rectify this discrepancy.
On October 20, 2023, following advice from the Office of the Attorney-General, the police received the GH₵2.5 million from Nam1 . This money has been placed in the Police Exhibit account at the Bank of Ghana, awaiting court instructions.
Whether the police will return the funds as Nam1 requests or not is uncertain for now. The final decision on disbursement rests with the court.
In other news,
Alfred Obeng Boateng, the Member of Parliament for Bibiani-Ahnwiaso-Bekwai, has defended his opinion on financing the upcoming NPP parliamentary primaries in February 2024.
He was his willing to support delegates in his constituency to compete. Alfred Obeng mentioned a possible contribution of up to GHC20,000 for each of the 2000 delegates. To know more about this story, click here