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Watch: Menzgold CEO, NAM1 granted GH¢1bn bail

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CEO of Menzgold, Nana Appiah Mensah, has been granted bail to the sum of GH¢1billion, by a Circuit Court, possibly one of the biggest in Ghana’s court.

The bail comes with five sureties, three of which are to be justified.

Nana Appiah Mensah who is standing trial for defrauding by false pretense and money laundering, made his second appearance in court Friday since his return from Dubai.

Making the case for bail, his lawyers, led by Kwame Akuffo argued, their client is not a flight risk despite being declared a wanted man by a court in January 2019.

EXCLUSIVE: Charles Opoku Darko debunks allegations of involvement in NAM1 Dubai fraud scandal

His legal counsel explained the socialite did not abscond but had left the country to Dubai to retrieve $39 million in investments with a company in a gold deal gone bad.

But he was wrongfully arrested in Dubai on December 7, 2018 and arraigned. After spending six months there, he has since been acquitted and discharged by a Dubai court. NAM1 arrived in Ghana July 11 with investigators waiting to arrest him at the airport in Accra.

The lawyers told the court the embattled CEO’s return was on his own terms and could not be considered a flight risk.

The state did not oppose or support the bail, JoyNews reports.

SOURCE: MYJOYONLINE

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The Grease Guide: Zara616 shares how to grow as a producer and musician

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Patrick Mazara, professionally known as Zara616 is a producer known for his works with well-established artist such as Skilla Baby, Baby Smoove, Amaarae, Jdot Breezy, Baby Money, YN Jay and more. He’s always been big on growth and he loves to see people, especially producers thriving. (more…)

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Popular Hausa movie director, Nura Mustapha Waye dies a shocking and sudden death

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Popular Hausa movie director, Nura Mustapha Waye dies a shocking and sudden death

Nura Mustapha Waye, a movie director in the Hausa movie industry popularly known as Kannywood, has died. (more…)

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Mum tells Burna Boy to tone down on the madness as the Afrobeat star turns 31

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Bose Ogulu has told her son Burna Boy to “tone down the madness” as she celebrated his birthday. (more…)

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Perez Musik announces ‘Glorified’ concert with MOG Music, Akese Brempong, Efe Grace and Pita

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The Hewale Lala (Song Of strength) hit maker Perez Musik gets ready to have his first-ever major concert. (more…)

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610Music Unveil Their Artistes, Korsah and Richflow to the World

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Kofi Sonny, CEO of 610Music, a direct representative for Universal Music Group in Africa, unveiled two of his newly signed artistes to the world over the weekend. The event pulled in dignitaries from all over the globe to witness what many have dubbed “the birth of greatness.” (more…)

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Ghana Jamaica Homecoming Festival launched

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A press launch for this year’s Ghana-Jamaica Homecoming Festival was held yesterday, Thursday, June 30. (more…)

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