General News of Tuesday, 9 April 2019

Source: classfmonline.com

NAM1 free; court orders Emirati businessman to pay him

Nana Appiah Mensah is Chief Executive Officer of Menzgold Ghana Nana Appiah Mensah is Chief Executive Officer of Menzgold Ghana

The CEO of Menzgold, Nana Appiah Mensah, popularly known as NAM 1, has won his court case in Dubai.

The court, on Tuesday, 9 April 2019, ordered Horizon Diamonds, the said company which had issues with the embattled Menzgold CEO, to pay him all outstanding debts, a source told ClassFMonline.com.

NAM 1 has been in the custody of the Dubai authorities since November 2018 over a gold deal that went bad.

He was charged with fraud.

Mr Mensah went to the Emirates to receive a huge amount of money to pay clients of Menzgold who have had their investments locked up with the company only to be arrested by the Dubai authorities.