The embattled Chief Executive Officer of Menzgold Ghana Limited has been arrested, according to the Ghana Police Service.
Nana Appiah Mensah, popularly known as NAM1, has been arrested since Friday, December 7, 2018 by police in Dubai, a statement from their Ghanaian counterparts said.
The information was relayed to the Service just on Sunday, January 13.
His arrest was to facilitate investigations into suspicion that he had been involved in a gold-trading deal, which had gone bad, in Dubai.
The statement signed by ACP David Eklu, Director-General Public Affairs of the Ghana Police Service reads:
“ On Wednesday, January 9, 2019, the Ghana Police Service confirmed reports that an arrest warrant has been issued for the Chief Executive Officer of Menzgold Ltd., Mr. Nana Appiah Mensah (aka NAM 1) and two other directors of the Company on charges of defrauding by false pretences.
This followed reports by customers of the company to that effect.
That same day, an Interpol alert was triggered to facilitate a search for him globally.
On Sunday January 13, Ghanaian officials in Dubai were informed by Emirati officials that they had already arrested NAM I as at December 7, 2018. His arrest in Dubai is to facilitate investigation into suspicions that he had been involved in a gold trading deal gone bad within the Emirati jurisdiction.
Ghanaian officials have visited NAM I in the custody of Dubai Police.
Read the full statement below: