20
Sep
Founder of Menzgold, Nana Appiah Mensah aka NAM 1, who is standing trial for allegedly using the company to defraud over 16,000 people of GH¢1.6 billion, has denied circumventing the laws of Ghana in order to operate an illegal gold deposit-taking business. Counsel for NAM 1, Kwame Akuffo, told the High Court on Tuesday, September 19, that his client did not circumvent the Banking and Specialised Deposit-Taking Institutions Act, 2016 (Act ) as alleged by the prosecution to enable him to carry out the operations of Menzgold. Mr Akuffo claimed that it was officials of the Bank of Ghana (BoG)…