Sources from the security agencies have revealed to MyNewsGh.com that it is not impossible for embattled Chief Executive Officer (CEO) of troubled gold dealership firm, Menzgold, Nana Appiah Mensah alias NAM 1 could return to Ghana anytime soon as envisaged.
There were wild jubilation this week among customers of the company following news of his acquittal of criminal charges in Dubai in the United Arab Emirates (UAE) where he has been in detention for months over a bad deal.
What is said to have triggered the jubilation was the claim that the NAM 1 was also benefitting from over $30 million as amount the court directed should be paid to him.
He was however not given his freedom because Interpol which was acting on a red alert notice issued earlier by Ghana is keeping him and is yet to officially communicate with its counterparts in Ghana.
Even while that is done, it is gathered that the Emirati gold company that caused his arrest has up to 30 days to appeal and he can only leave after the expiration of the 30 days and if they do appeal he must wait to wait and go through the appeal until a final determination of the matter.
Emerging issues about the victory, has resulted in a short-lived happiness of his clients who were anticipating his earlier arrival to settle them their locked up cash.
A court in Dubai this week cleared Nana Appiah Mensah alias NAM1 of any wrong doing in a case brought against him by Emirati firm, Horizon Diamonds.
It would be recalled that after being granted a self-recognizance bail by the Economic and Organized Crime Office (EOCO) in Ghana somewhere last year, NAM 1 sneaked out of the country with the hope of getting money from other deals in order to pay for locked up investments of his clients.
It is gathered that NAM 1 had travelled to Dubai in the hope of collecting US$39 million owed Menzgold by a Dubai-based company, Horizon Royal Diamonds DMCC, for the supply of gold.
His intention was to use the money to settle investors of the Menzgold, following the closure of the company by the Security and Exchange Commission (SEC) in the wake of a turf war with the Bank of Ghana.
Sources familiar with the story had indicated that in 2016, an unnamed official of the EOCO, had recommended Menzgold to officials of Horizon Royal Diamonds for the supply of huge quantities of gold. That recommendation came because, according to the sources, the Dubai Company, had earlier been duped by some Ghanaians.