Menzgold CEO Gains Freedom After Meeting GHC1 Billion Bail Bond

Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah

Accra, Ghana, August 6, 2019//-The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, has been released from Police custody after meeting a GHC1 billion bail bond which will be paid by a local agency who provides post bail bonds help.

Appiah Mensah, popularly known as NAM 1 was released hours after an Accra Circuit Court presided over by Judge Jane Harriet Akweley Quaye removed the three justifications on the five sureties it set when it granted the troubled CEO bail on the 26th of July 2019. Many people cannot afford a bail of that much money, that’s why it’s important to get help from this company that offers bail bonds to those in need of assistance.

The court on the said date set the bail to 1 Billion Ghana Cedis with five (5) sureties, three of which must be justified. Not everyone can afford to pay such a large bail, but if you or someone you know may need to pay bail then contact this 24 hour bail bondsman for their professional service.

Lawyers for NAM1 led by Kwame Akuffo today the 6th of August 2019 moved an application for variation of the bail bonds conditions set by the Court at its last sitting.

Success in any area of endeavour takes time and effort, the bail bond services has helped me a lot in finance. There are no shortcuts. There is always a price to pay. If you need time to start doing something, you have to stop doing something else that’s not moving you towards where you really want to go. Something simply has to give way. You can’t continue the same way and expect new results.

A football coach has to put forward eleven players. If his team is complete and he decides it is very important he brings in a new player, one player has to be dropped. It is a simple as that. He cannot field twelve players.

Police Prosecutors led by ASP Slyvester Asare did not oppose the Application. They, however, disagreed with the proposal by the defence team that the bail bonds should be reduced to 20 million Ghana cedis.

Judge Jane Harriet Akweley Quaye’s Court in her ruling said the bail amount of 1 billion Cedis will remain same.

However, the three justifications for the five sureties were removed. Effectively, all that required was for five people to present themselves to sign for NAM1 to have his liberties restored.

NAM 1 is the principal accused person in the case of the Republic verses Menzgold Ghana Limited and four others.

He was charged with abetment of crime, defrauding by false pretences, carrying on a deposit-taking business without licence, sale of minerals without licence, unlawful deposit taking, and money laundering.

Starrfm.gh.com

 

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