Private legal practitioner, Maurice Ampaw has suggested to government to provide state security for embattled gold dealership CEO, Nana Appiah Mensah popularly known as NAM 1.

According to the outspoken lawyer, caging NAM1 could frustrate efforts to settle customers’ locked up investments.

He explained that releasing the businessman to face the law will be a better alternative to resolving the matter immediately.

Speaking in an Accra based KasapaFM, Lawyer Ampaw who also has his investment locked up in the firm indicated that the matter should be settled out of court.

“The wayforward is not about prosecution;the wayforward is how best we can retrieve customers locked up investment. We can take him to court to secure bail for him, but immediately after the court bail, the Police should take advantage of the Alternative Dispute Resolution(ADR) meaning out of court settlement declared by the Chief Justice and to be promoted by all the courts, so that all stakeholders can meet NAM 1 and see how best he can mobilize resources in settling his customers,” he said.

He added that NAM 1’s detention and subsequent arraignment in court is largely on the basis of his own security and protection.

“NAM 1 is not free as we see it; aggrieved customers could ambush him and harm him on the streets if he’s allowed to be moving freely. Just consider the people who are deceased now, as well as the agony and pain people are enduring  because of this Menzgold matters. So his Security is an issue and he needs State protection even after he’s given bail today in court.”

Lawyer Maurice Ampaw has advised that it’ll be in the interest of the troubled gold dealership firm to arrange meetings with customers across the country for the CEO to address customers and intensify confidence building measures in the interim.

“They may want to have that rapport with him so that the cracking questions playing out in their minds they’ll have the opportunity to ask him directly, but off-course with security presence,” Maurice Ampaw suggested.

The Chief Executive of the defunct gold dealership firm, MenzGold, was declared wanted eight months ago and arrested Thursday when he touched down in Accra from Dubai in the United Arab Emirates.

he was taken to the Police CID where he was interrogated by the Financial Forensic Unit of the Police Criminal Investigations Department which declined to give details of the man’s arrest except to say he was being processed for court.

He was hurriedly arraigned early Friday at 6:14am by the National Security for in-camera proceedings.

It is unclear whether his plea was taken by the court, but the case has been adjourned to July 26.