Nana Appiah Mensah, commonly known as NAM1, the embattled Chief Executive Officer of the defunct Menzgold Ghana Limited, has told the High Court he intends to engage more lawyers for his case.
According to reports, NAM1 told the High Court that he will appoint lawyers to each accused.
Reports from StarrFM suggest, “on Wednesday, January 21, 2026, a few minutes after the Supreme Court had adjourned his application for the order made for him to open his defence and an application for prohibition against the trial judge.
NAM1 told the court that he intends to assign lawyers to each of his companies, Menzgold (second accused) and Brew Marketing Consult (third accused)”.
Also, NAM1 has hired a new lawyer filing a repeat application at the Supreme Court to quash a High Court order for him to open his defence.
The Supreme Court in 2025 dismissed Nana Appiah Mensah, popularly known as NAM1 application to overturn earlier rulings by the High Court and the Court of Appeal in his ongoing criminal trial.
The embattled Menzgold CEO must now open his defence in the ongoing criminal trial.
However, TV3 has reported that NAM1 has filed a repeat application at the Supreme Court with a new lawyer seeking to quash the High Court order.
It will be recalled that Menzgold Ghana Limited, owned by NAM1, was offering high-return gold collectable investments.
However operated without the required licences from the Bank of Ghana and the Securities and Exchange Commission, despite repeated warnings from regulators.
Menzgold Ghana Limited was then shut down by the Securities and Exchange Commission in 2018, leaving thousands of Ghanaians with locked-up funds.
NAM1 is now facing charges including unlicensed gold trading, fraud, and money laundering.
The case has been delayed for years by multiple appeals by NAM1.
Reacting to the decision, Fredrick Forson, the Chairman and Convener of the Menzgold Customers, welcomed the ruling, saying. “Our understanding is that the High Court trial can now proceed.
Today, we were also told that they will file their reasons on the 17th of this month [December 2025]. So, as directed earlier, we will return to the High Court on the 16th, which is next week. We are very happy, and we appreciate what the court has done, just that it has taken long.
Also, Fredrick Forson has revealed that more than 244 customers have died since 2018.
The Convener of the Aggrieved Menzgold customers stressed that they are suffering from the devastating impact of the fraud on their investors caused by the alleged fraud.
Fredrick Forson highlighted that many Aggrieved Menzgold customers have died, with some homes broken and others’ dreams shattered.
Speaking to the media, Fredrick Forson explained, “More than 244 Menzgold customers have died since the 2018 Menzgold scandal. Some people even drank poison and died, others ‘ marriages got destroyed, some got sick with a serious disease, and we don’t even know the whereabouts of some members.
Our issue is very disheartening, and life has been very difficult for us. We don’t even know where we are going, but we are pleading with the government to give us a bailout and also appoint a receiver who will collect our data to know the conditions of Menzgold customers and the amount of money involved”.
The Convener of the Aggrieved Menzgold customers further called on President John Mahama to fulfil his promise of appointing a receiver and also to give them a financial bailout.
“We are looking forward to the Attorney General and the President making good on their promises to us. We are pleading with them to appoint a receiver and to also give us a financial bailout that we spoke about until the court case is resolved”, he added.