The High Court in Accra has postponed its decision on the trial of the CEO of Menzgold, Nana Appiah Mensah popularly known as NAM1 to July 11.
The ruling, initially set for today, Wednesday, July 10, was delayed due to Presiding Judge Justice Ernest Owusu-Dapaa’s commitments at the Court of Appeal.
On June 12, defence and prosecution lawyers presented their written arguments regarding prima facie evidence.
The prosecution concluded its case after calling nine witnesses. NAM1 and his companies, Menzgold Ghana Limited and Brew Marketing Consult Ghana Limited, face 39 charges, including unauthorised gold trading, operating a deposit-taking business, inducement to invest, defrauding by false pretence, fraudulent breach of trust, and money laundering involving over GHC 340 million.
The court, presided over by Justice Ernest Owusu-Dapaa, was supposed to determine today whether NAM1 and his companies should respond to these charges or be acquitted based on the prosecution’s testimony.