Embattled Menzgold boss, Nana Appiah Mensah aka NAM1 has been finally granted bail according to exclusive reports.
Nana Appiah Mensah is currently being charged with two counts of abetment to defraud by false pretense and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).
On July 26, 2019, the court granted NAM 1 bail in the sum of Gh¢1billion with five sureties, three to be justified.
He was also ordered to report to the police every Wednesday.
However, his lawyers fought for the reduction of his bail requirements and it has been answered.
He was granted bail after a review.
His firm Blogger, GhKwaku took to Instagram and captioned NAM’sphoto with:
“Glory to God, Nana Appiah Mensah is now a free man(bail granted) God bless you for your constant prayers and support The ultimate is for menzgold customers to get their moneys and trust me, that’s the priority of NAM Let’s keep the young man in prayers and I believe very soon All shall be well and we’ll glorify God’s name again and again #NAMMISSION .”