Home Business Help me retrieve $39m Dubai debt – NAM 1 begs AG

Help me retrieve $39m Dubai debt – NAM 1 begs AG

The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, has asked the Attorney General’s Department to help him retrieve a $39million debt owed his firm by Horizon Royal Diamond in Dubai.

According to him, retrieving the amount is one of the reasons that will help settle his numerous customers.

Addressing the press Monday, August 19 in Accra, Appiah Mensah, popularly known as NAM 1 implored government to employ international law and diplomatic relations to enable him to service his debts to customers.

“All companies worldwide have liabilities in its books and so do Menzgold. Business in summary is all about owing and being owed. We at Menzgold are committed and do express our willingness to service our debts portfolios to our customers and business associates as soon as we can with a given opportunity.

“We respectfully pray the Ghanaian authorities to cooperate with us to achieve the following; to assist us make full recovery of the amount owed Menzgold by Horizon Royal Diamond in Dubai. As an act of good faith, we are willing to engage the Attorney General’s office on the best possible way for the them to aid Menzgold by employing international law and diplomatic relations to ensure we achieve this objective”.

NAM 1 also dismissed claims that he jumped bail and escaped to Dubai to avoid being arrested in Ghana.

According to NAM 1, his bail conditions by EOCO did not include a travel ban in any form.

“I went to other African countries…then from there I went to Asia so I did not escape,” NAM 1 said adding “the EOCO invitation was not tied to a travel ban…a day before I departed, I Informed EOCO, we can check EOCO’s records, I informed EOCO that I was traveling.”