The Ghana Police Service has in an official statement debunked the reports made by Menzgold Chief Executive Officer Nana Appiah Mensah also known as NAM1 of receiving GH₵5 million from the businessman.
Instead, GH₵2.5 million was received from the alleged fraudulent gold dealership and investment firm by the police, the statement said.
The Police, on the advice of the Office of the Attorney-General, on Friday 20th October 2023, received an amount of GH₵2.5 Million from suspect Nana Appiah Mensah, popularly known as Nam 1.
The said amount has been deposited in the Police Exhibit account at the Bank of Ghana (BoG) for the attention of the Court.
The amount is part of investigations into petitions received from some customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited, currently before the Accra High Court against suspect Nana Appiah Mensah, popularly known as Nam 1.
The police stated that the decision on the disbursement of the money would be determined by the court.