Nana Appiah Mensah, the Chief Executive Officer of gold dealership company, Menzgold, was reported to have been arrested. Rumours state he was arrested in Dubai on Saturday.
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However, Checks by Starr News with the Police in Dubai revealed that they had not arrested any Ghanaian national in the last few weeks in relation to a gold scam as it’s been reported in Ghana by several media outlets.
“We have not arrested any Ghanaian national with that name [Nana Appiah Mensah] in our system,” A Dubai intelligence officer told Starr News’ Ibrahim Alhassan.
The latest revelation by the Dubai Intelligence Unit comes after reports emerged in Ghana Sunday that Nana Appiah Mensah, popularly known as NAM 1, has been arrested in Dubai.
NAM 1, who is on police wanted list for defrauding by false pretence, was allegedly arrested over misrepresentation to security authorities in Dubai.
Mr. Mensah reportedly landed in Dubai late last year in the hope of retrieving some $39 million owed Menzgold by a Dubai-based company, Horizon Royal Diamonds DMCC, for the supply of gold.
See full article here about his alleged arrest https://www.graphic.com.gh/news/general-news/ghana-news-why-nam1-was-arrested-in-dubai.html
His sister, fashion designer and founder of Sima Brew is still in hiding.