Nana Appiah Mensah, known as NAM 1, made a statement in the High Court. He said the Bank of Ghana guided Menzgold's operations. This guidance was about the company's structure.
Mr. Mensah was the former Chief Executive Officer of Menzgold Ghana Limited. The company is no longer operating.
The statement was made as part of current court proceedings. The court is hearing matters related to the defunct company.
This information came from a court filing. The Bank of Ghana has not yet responded publicly to these claims.
The legal case against Mr. Mensah involves various charges. These charges relate to the collapse of Menzgold.
The company's investors lost money after it ceased operations. Many Ghanaians are following the court proceedings closely.