Arrest of NAM1 in Dubai: Prez Akufo-Addo calls emergency cabinet meeting

cabinet meeting

President Nana Akufo-Addo has summoned an emergency cabinet meeting over the ongoing Menzgold dealership saga.

The meeting, Graphic Online gathers, is aimed at weighing the options available to government to get the Chief Executive Officer (CEO) of the embattled gold dealership firm, Nana Appiah Mensah, popularly known as NAM 1, who is currently in the custody of the Emirati authorities back to Ghana.

Thousands of customers of the company have been calling for government’s intervention to retrieve their  locked up investments with the company.

A delegation of government officials and Nana Appiah Mensah’s father was expected to travel to the Persian Gulf country to negotiate his release, however government sources say arrangements for the trip are yet to be consumated.

Graphic Online has also learnt authorities in Dubai are insisting on a firm commitment on the part of Ghanaian security authorities to investigate, and bring to book persons involved in the swindling of the Dubai based company of a whopping $51 million, as well as their refund of the money.

“Now they are holding him as a bargaining chip and the government itself to ransom, insisting that the security apparatus hasn’t showed much interest in looking for the swindlers. They want their money, that is all they are demanding,” the source said.

credit: graphic.com.gh

Publish on Apt

Do you have any Social, informational, educational or entertaining stuff that should be featured on www.aptnewsghana.com?

Please submit your stories, pictures, and videos to us via WhatsApp: +233548388489 or click on the icon on your screen. Alternatively, email us: aptnewsghana@gmail.com

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

About Editor 608 Articles
Joe Bright Nyarko Journalist/Communication Researcher. Environment & Sustainability Advocate. Managing Editor of aptnewsghana.com, a non-profit news portal with bias towards environment and sustainability issues, rural development policies and gender & inequality.