Member of parliament for Assin Central, Honourable Kennedy Ohene Agyapong has revealed that government would struggle to prosecute embattled CEO of defunct gold dealership firm, Menzgold, Nana Appiah Mensah aka NAM1.
Customers of the company appear worried about the handling of the issue which seem not to offer any hope as to when their monies, locked-up in investments products, will be paid.
But the millionaire politician says, the prosecution of the NAM1 and possible retrieval of all funds won’t come easy.
Speaking in a recent interview on his Net 2 TV, Kennedy Agyapong disclosed that though government holds the will to prosecute the owner of Menzgold, it is having a tough time in the process because his activities were quite strange to the e Ghanaian law.
According to Kennedy Agyapong, the company’s mode of operation were not governed by any banking regulations which makes it almost impossible to call the law.