The Attorney-General and Minister of Justice, Godfred Yeboah Dame, has given an assurance that justice will be served to victims of the Menzgold saga.
He claimed that the effectiveness of a nation’s judicial system was mainly judged by how quickly and effectively cases involving high-profile members of society and major financial crimes were handled.
Consequently, he said: “We need to punish corruption and other forms of economic crime through a fair, honest and efficient justice system”.
According to him, people gave the case’s suspects their entire life savings, causing losses amounting to millions of dollars and, in some cases, fatalities. He also claimed that the misery and distress brought upon so many homes almost sparked a social crisis as riots and demonstrations broke out on the streets of Accra and other parts of the nation.
“In reality, people lost their homes, and some marriages even broke up as a result of the Menzgold saga. I am happy to state that after painstaking investigations, criminal prosecution has commenced against the perpetrators. At last, by the grace of God, justice will be served to victims of those dastardly acts,” Mr Dame said in a keynote address.
Speaking at the 40th Cambridge Symposium on Economic Crime at the University of Cambridge in the UK yesterday, the minister’s assurance to the public comes in the wake of the new 39 charges instituted against the Founder of Menzgold, Nana Appiah Mensah, aka Nam1, who remains the key character in the controversial financial investment scheme.
Although the firm was shut in 2018, prosecutions around the matter have dragged on, featuring a list of adjournments until the latest charges.