The Circuit Court in Accra presided over by Her Honour Ms Ellen Asamoah has adjourned the case in which Chief Executive officer (CEO) of defunct Menzgold, Nana Appiah Mensah has been arraigned, to September 7, 2020.
The State had previously on June 24, 2020 filed new charges against the CEO of Menzgold, also known as NAM 1 at the Accra Circuit Court.
Assistant Superintendent of Police (ASP) Sylvester Asare then told the Court that his directives were that he should hold on to the new charges and the plea taking of the accused.
However, in court on Monday, July 20, ASP Asare told the court that, they are seriously working to advice the court on the matter.
To this end, he prayed the court for a long adjournment after which they would have been able to advice the court on their intention of prosecution on the matter.
He said when the advice is ready they will issue a hearing notice to the accused persons to appear before the court to to do the needful.
The court after listening to the parties adjourned the case to September 7.
Background
NAM 1 was released from police custody on August 17, 2019 after meeting his revised bail conditions.
Earlier, the court had varied the bail conditions to allow for five sureties to guarantee his bail without showing evidence of having properties worth the GH¢1 billion bail sum.
The court, however, refused a request by counsel for Nana Appiah for a reduction in the bail sum from GH¢1 billion to GH¢20 million.
Hitherto, the court had ordered, on July 26, 2019, that three of the five sureties should show justification, meaning they must show proof that they had properties or interests worth the GH¢1 billion bail sum.
As part of the bail conditions, the Menzgold CEO was ordered to report himself to the Ghana Police Service every Wednesday.
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