The embattled CEO of defunct MenzGold, Nana Yaw Appiah Mensah, Also known as Nam1, was in court today for the 33rd time.
He was first arraigned before the court on July 12, 2019. Thursday, March 23, 2023, reportedly marks the 33rd time he appeared before the Circuit Court in Accra, but his trial has not begun yet.
Nam1 led Menzegold, had the popularity and trust of the public because of the involvement of some known celebrities. Nana Appiah was accused of operating without a proper license in Ghana.
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The case in which the businessman is supposed to be prosecuted for allegedly operating a Ponzi scheme. This scheme caused many Ghanaians to lose their investments in his gold dealership firm. Since his arrest, have been in court and adjourned countless times for the past three years and eight months.
NAM1 was initially charged with some 13 counts and later increased to 61 counts filed on September 3, 2019. His plea in the new charges has not yet been taken.
When he appeared before the court presided over by Her Honour Afia Owusua Appiah again on Thursday, March 23, the case was again adjourned to April 25, 2023.
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According to starrfm.com.gh, the prosecution team represented by ASP Emmanuel Haliga, holding Superintendent Sylvester Asare told the court that the prosecution is still awaiting advice from the office of the Attorney General.
A compilation by the news website’s Murtala Inusah shows that the NAM1 has been frequenting the court virtually begging to be prosecuted and would be making his 34th appearance on the 25 of next month.
NAM1 made his 30th, 31st and 32nd appearances on November 9, and December 14, both in 2022 and January 2, 2023, respectively, the court correspondent reports.
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