Court Adjourns NAM1’s Case To October 1

1 min


Nam1

An Accra Circuit Court has adjourned a fraud case against the embattled CEO of Menzgold and Zylofon Multimedia, Nana Appiah Mensah a.k.a NAM 1.

The court, presided by Her Honour Ms. Ellen Asamoah adjourned the case to October 1.

The plea was made by the prosecution in order to add new charges to the case of the serial entrepreneur.

According to the lead prosecutor, Assistant Superintendent of Police (ASP) Sylvester Asare, they were seriously working to advise the court on the matter.

He prayed the court for a long adjournment after which they would have been able to advise the court on their intention of prosecution on the matter.

Mr. Appiah Mensah, who is popularly known as NAM1 is on trial for defrauding about 16,000 people of GH¢1.68 billion with notice of investing their monies.

It is the case of the state that, the embattled CEO contravened sections of the Banks and Specialised Deposits Taking Act, 930, and the Criminal Offences Act while operating Menzgold and its sister company, Brew Marketing.

A charge sheet from the prosecutor stated that between January 2017 and September 2018, Brew Marketing Consult and Menzgold defrauded one Francis Agodzie and 16,000 others of more than GH¢1.68 billion.

The two entities were also accused of carrying out an illegal deposit-taking business during the same period.

The charge sheet explained that Mensah, Appiah, and one Tetteh aided Brew Marketing Consult and Menzgold to defraud the customers of the GH¢1.68 billion.

Nam1 however has been going about his business as usual. he recently signed female songstress Tiisha to his Zylofon music label.

READ ALSO:   Dancehall King Shatta Wale Featured In Creative Arts Primary 4 Textbook

Thanks for reading today’s news from GHKasa and we urge you to spread this news across the various social media networks and do follow us on our social media platforms as well on; FacebookTwitterYouTubeInstagram, and more for the latest news over the web.

Send your news stories to [email protected]and via WhatsApp on 0241481651.


Like it? Share with your friends!

Comments

comments

WhatsApp chat
Choose A Format
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF