The presiding judge in the case in which Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah aka NAM1 is standing trial for allegedly defrauding his customers says he hopes to deliver judgement in the case by March 2024.
Justice Ernest Owusu-Dapaa, a Justice of the Court of Appeal sitting as an Additional High Court judge gave the assurance after a successful completion of Case Management Conference (CMC).
The trial judge, who is presiding over the Financial and Economic Division of the High Court in Accra has also fixed December 20, 2023, to commence the trial.
In court on Tuesday, December 12, during CMC, prosecution led by the Director of Public Prosecution said, they will be calling 11 witnesses to prove their case.
NAM1 had on Friday December 8, pleaded not guilty to 39 counts on an amended Charge Sheet filed by the Prosecution on November 16.
They include a count each of selling gold contrary to section, operating deposit-taking business without license and inducement to invest.
The others are – 22 counts of defrauding by false pretenses, seven counts of fraudulent breach of trust and seven counts of Money Laundering.
The latest Charge Sheet though similar to the previous one, the GHc1.6 billion total sums in the previous charged sheet has reduced to GHc340 millions.
EIB Network’s Legal Affairs Correspondent, Murtala Inusah, who was in court reports that, Justice Owusu-Dapaa said his Court is open the option of Plea Bargaining if the parties with to explore that option.
The testimonies of all 11 witnesses for the Prosecution are expected to last for 35 hours.
Case adjourned to December 20, for trial to Commence.
Source: Kasapafmonline.com/Murtala Inusah
