The Supreme Court has rejected an application by Nana Appiah Mensah, popularly known as NAM1, seeking to halt his ongoing criminal trial.
By affirming earlier rulings of the High Court and the Court of Appeal, the apex court has directed that NAM1 proceed to open his defence without further delay.
The former CEO of the now-defunct Menzgold Ghana Limited is facing several charges, including selling gold without a licence, fraudulent breach of trust, defrauding by false pretence, and money laundering.
These charges arise from his management of Menzgold, whose collapse in 2018 left thousands of customers counting huge financial losses.
With the Supreme Court’s decision, the High Court’s 2024 order requiring NAM1 to begin his defence now stands, allowing the long-running trial to continue.
The high-profile case has drawn considerable public attention, particularly from aggrieved Menzgold customers seeking justice and restitution.
Prosecutors maintain that NAM1, along with Menzgold Ghana Limited and Brewmax Limited, engaged in unlawful operations that led to widespread financial harm.
Though NAM1’s lawyers attempted to challenge the continuation of the trial, the latest ruling ensures that the prosecution of the matter will move forward.
