The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah (NAM1), has never been arrested by the police in connection with the operations of the firm, Nii Armah Amarteifio, the acting Director of Communication of the now-troubled firm, has said.

The founder of think tank Danquah Institute (DI), Gabby Asare Otchere-Darko, had claimed that NAM1 fled Ghana and went into hiding.

Following a demonstration by aggrieved clients of the company in Kumasi on Tuesday, 8 January 2019, Mr Asare Otchere-Darko tweeted: “I understand the owner of Menzgold, Nana Appiah Mensah, has breached his bail condition and absconded.

“We can’t allow those who allegedly dupe people with such impunity to get away with it that easily. Let’s smoke them out, wherever they are, and throw the book at them!

“While I will not want a pesewa of my tax money to be involved with this Ponzi matter, I believe the majority of Ghanaians will agree with me that the law must come down heavily on those who use such schemes to destroy the lives of many people”.

But Mr Amarteifio told Class91.3FM’s mid-day news 12Live on Wednesday, 9 January 2019 that Mr Appiah has never been arrested.

Meanwhile, the Supreme Court has ordered the arrest of all directors of Menzgold, including NAM1, Rose Tetteh, Benedicta Appiah, and Abigail Mensah, among others.

The court warrant explained that the accused persons are to help with investigations relating to “defrauding by false pretence contrary to section 131 of 29/60”.