The embattled CEO of failed Gold dealership firm, Menzgold, Nana Appiah Mensah is not a fugitive and cannot be said to be running away from the law, as has been widely speculated, Public Relations Officer of Menzgold, Nii Amarh Amartefio has stated.

A warrant has been issued for the immediate arrest of Nana Appiah Mensah.

He is wanted for defrauding by false pretence following his company’s failure to pay investors both their principal and dividends for several months.

The CEO is not the only one to be arrested, a warrant has also been issued for Rose Tetteh who is said to be his wife and his sister Benedicta Mensah.

Nana Appiah Mensah popularly known as NAM 1, is believed to be hiding in Nigeria or South Africa.

The security agencies have alerted Interpol about the embattled CEO.

The warrant follows a disclosure by cousin to President Nana Akufo-Addo, Gabby Otchere Darko that Nana Appiah Mensah has jumped bail and has absconded.

Speaking to Kasapa News, Menzgold PRO, Nii Amarh Amartefio stated that Nana Appiah Mensah is a law abiding citizen and is ready to face the law if he’s found to have flouted the law.

“Where is NAM 1 running to? he can’t run, the warrant has just been issued and so where ever he is he’ll report himself. I don’t even think he’ll ever think of absconding. Whatever charges against him, he’ll come and answer.”

He was confident that the properties of Menzgold will not have to be sold to pay customers of Menzgold, adding that the company is working feverishly to pay every customer his due.

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