The Ghana Police Service says an amount of GH₵2.5 million received from the Chief Executive Officer of the defunct gold dealership firm Menzgold, Nana Appiah Mensah, has been deposited in the Police Exhibit account at the Bank of Ghana.
According to the police, this was done on the advice of the Attorney-General.
A press statement released by the police on Tuesday, October 24, 2023, said “The police, on Friday 20th October 2023, received an amount of GH₵2.5 million from suspect Nana Appiah Mensah, popularly known as NAM 1.
“The amount is part of investigations into petitions received from some customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited, currently before the Accra High Court against suspect Nana Appiah Mensah, popularly known as NAM 1,” the statement said.
The police further noted that the decision on the disbursement of the money will be determined by the court.
This comes in the wake of rumours the defunct company had released GH¢5 million to the Ghana Police Service for disbursement.
The Gold dealership firm, Menzgold, on October 20, 2023, announced that it has handed an amount of GH₵5 million to the Ghana Police Service to begin payment of its customers.
The police are expected to supervise the payment of the customers whom the company (Menzgold), says have adhered to the protocols and validation processes.
According to the company, the payment marks a significant stride in resolving the enduring concerns of those who found their investments locked.
Menzgold emphasized that the current payment process would be exclusively for clients who had diligently followed the stipulated procedures during the settlement process.