Embattled Menzgold CEO Nana Appiah Mensah has revealed that his arrest in Dubai was a set-up by some people who felt he had defrauded them.
Speaking to the press this morning, NAM 1 revealed that he embarked on his Dubai trip to recover the money but he ended up been arrested and spending some time in police cells.
“I embarked on the company’s asset or debt recovery overseas”. he said.
He continued: “In the course of my pursuit upon my arrival in Dubai on the 7th December 2018 I was framed-up by one of the companies, Horizon, which owes our company 750kg of gold valued at USD39 million.
“Believing that Menzgold is doomed for closure due to the unfavorable media reportage and customers’ protest in Ghana hence tabled the bogus claim that they have been defrauded by another Ghanaian company – Just Gold Company Limited with frivolous claims that Just Gold Company Limited is having associations with our company which is very false.”