THE OBJECT OF THE LAW OF DEFAMATION IN GHANA. KWAME-KWAME 339 | Page 2
Nana Appiah, popularly known as NAM1, a businessman and the CEO of gold dealership
firm MENZGOLD (GHANA) LIMITED. Legalities of his gold dealership firm, MENZGOLD
(GHANA) LIMITED, and the Rambo-style closure by the Ghana Security Exchange
Commission over purported illegal gold trade, leading to his arrest and incarceration in
Dubai has been an issue of much public interest in Ghana. Purported political witch-
hunting by the Ghanaian political class and the volume of middle and upper class
Ghanaian investors in the irresistible 10% monthly returns on gold trade was one that the
media and government critics could not do without. Accusations of government officials’
orchestration to the destruction of Menzgold (Ghana) Limited raged on. One such critic,
the subject of the Ace Ankomah Case, was Kevin Ekow Baidoo Taylor. His platform was
Loud Silence Media with over 59,000 followers and over 22,000 followers on his personal
facebook account where underlying publications were made. He vehemently alleged the
heavy involvement of Mr. Ace Anan Ankomah, a renowned Ghanaian lawyer with many
domestic and international accomplishments in the orchestration and destruction of Nana
Appiah, popularly known as NAM1 and his MENZGOLD (GHANA) LIMITED, a gold
dealership firm which has attracted investments from even the top hierarchy of the Ghana
Armed Forces and the Ghana Police Service top hierarchy. Publications during his
presentation “With All Due Respect – Loud Silence Media” titled “NAM 1and Matters
Arising (Part 2)” on the 24 of July, 2019. He alleged that a Company called Horizon
Royal Diamond Company based in Dubai came to Ghana after the company was
defrauded by certain individuals of $51 million traced to Ghana and sought the assistance
of Lawyer Ace Anan Ankomah for recovery of same. He alleged they provided “pictures,
statements and CCTV evidence” and they handed all over to Mr. Ankomah. Mr. Taylor
further the Plaintiff, Mr. Ankomah told them he was going to talk to the Economic and
Organised Crime Office (EOCO) and ensure that the legal process is adhered to. He
further stated that Mr. Ankomah contacted his “uncle K.K. Amoah who is the former boss
of EOCO”. Fist defendant intimated despite all the information and institutional
connections available to Mr. Ankomah, he dragged his feet in conjunction with other
government officials till officials of Horizon Company left Ghana. Mr. Ankomah in a twist
rather connived with government officials and turned the fraud on Mr. Nana
Appiah,NAM1, who was a government witch-hunting longtime target leading to the
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