The embattled gold dealer firm CEO Nana Appiah Mensah, also known as NAM 1, has had a case leveled against him dismissed in an ongoing trial in Dubai.
Menzgold CEO NAM was detained in Dubai over fraud accusation months ago.
Today, news reaching Iconzplay multimedia is that, the court seeking to address the case, presided over by Judge Sheikh Abusalem Andulai described NAM1 as innocent and as a fact, He has no hand in the company’s loss.
According to the presiding judge, NAM1 perfectly delivered his part of the contract.
To compensate NAM1, the Judge ordered the plaintiff, Horizon Inc. to pay the defendant an amount of $56 million within 7 business days.
According to Dubai-based satirical newspaper, Horizons Inc. made the payment to NAM1 few hours after the court’s ruling.
Stick and stay with Iconzplay multimedia for more update on this issue.
Source: Iconzplay Multimedia