NAM1 Defends Menzgold's Licensing in Accra Court

Nana Appiah Mensah (NAM1), CEO of defunct Menzgold Ghana Limited, has opened his defense in the Ghana===Accra High Court against 39 criminal charges, including selling gold without a license and defrauding by false pretenses. He claims Menzgold Ghana Limited was properly licensed by the Ghana===Precious Minerals Marketing Company and later the Ghana===Minerals Commission, but he cannot access crucial documents due to the company's shutdown by the Ghana===Securities and Exchange Commission (Ghana) and takeover by the Ghana===Economic and Organised Crime Office. The court has ordered Nana Appiah Mensah to file a witness statement by February 9, 2026, and adjourned the case to February 19, 2026. Frederick Forson, Convener of Aggrieved Customers of Menzgold, reported that nearly 300 customers have died due to frustrations over unpaid investments and urged for daily sittings to expedite the trial.