Attorney General assures Menzgold customers of Justice

Justice will be served, the Attorney General, Godfred Yeboah Dame, has promised the consumers of the shuttered gold trading firm Menzgold Ghana Limited.

The CEO of Menzgold, Nana Appiah Mensah, has been charged with 39 counts of defrauding by false pretense, operating in gold dealing without a license, and money laundering in a fresh charge sheet that was filed at the High Court.

Dame called the long-gone dealership company a Ponzi scam that left many of its victims without homes, with shattered relationships, and even some dead.

During his keynote speech at the 40th International Symposium on International Crime, he made this clear.

It called itself Menzbank and metamorphosed into a number of names before eventually taking up the name Menzgold. It dealt with the purchase of gold collectables from the public and issued contacts with guaranteed returns to the public without a license from the relevant authorities…I am happy to state that after painstaking investigations, criminal prosecutions have commenced into the perpetrators,” he stated.

Attorney General assures Menzgold customers of Justice

Dame also singled out the scandal involving former Public Procurement Authority (PPA) boss, Adjenim Boateng Adjei, as the most shocking of all procurement-related corruption scandals involving public officials.

“A detection of false or inconsistent claims by contractors is often hampered by the illicit protection extended by public procurement officers who have the mandate to detect and revise them. The most chilling and perhaps shocking case of such dealing was witnessed when the former head of the PPA was implicated in what was notoriously described as the contract for sale phenomenal. As the head of the PPA, he was alleged to have established a company in which he held majority shares and which also actively bid for government contracts and which was subsequently sold to other contractors at a higher price.”

“The regulation of this act promptly resulted in the termination of his employment by the president of the republic and the withdrawal of his membership by various professional institutions and his prosecution which is ongoing,” he stated.

Akosua Boatemaa

I'm Yours Truly, Blogger Akosua Boatemaa. I'm here to feed Your eyes and Ears with Authentic News Updates.

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