The Supreme Court has thrown out an application by Nana Appiah Mensah, known as NAM1, to stop his ongoing criminal trial, affirming that he must open his defence as previously ordered by the High Court.
The ruling on Wednesday, December 10, 2025, upholds earlier decisions by both the Court of Appeal and High Court, rejecting NAM1’s attempts to delay proceedings while challenging the directive to present his defence.
The Menzgold CEO faces multiple charges, including operating without a gold trading licence, fraudulent breach of trust, defrauding by false pretence, and money laundering.
In 2024, the High Court ruled that the prosecution had established a prima facie case, compelling NAM1 to respond. His legal team appealed and sought a stay of proceedings, but the Court of Appeal—led by Justice Gbiel Suurbaareh, with Justices Afia Serwaa Asare-Botwe and Christopher Archer—unanimously dismissed the stay application on May 19, 2025, calling it an overreach without exceptional grounds.
The Supreme Court’s latest decision clears the path for the trial to continue.
Frederick Forson, spokesperson for aggrieved Menzgold customers, hailed the ruling as a critical step toward justice, saying it brings hope to thousands still awaiting compensation.
