OXY FM boss, Alfred Kwame Larb is claiming embattled Menzgold boss, Nana Appiah Mensah is not in Police custody as being widely speculated.
He disclosed in a radio interview that Nana Appiah, the Menzgold boss is cooling off in his East Legon residence.
Alfred Kwame Larb could not however provide any evidence to that effect.
Explaining further, he told Accra-based Rainbow Radio that with the police custody, when one is influential, he is allowed to go home in the quiet; stressing that that is the circumstance in which NAM1 found himself.
Nana Appiah Mensah was arraigned before court on Friday where he was charged with two counts of abetment to defraud by false pretense and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).