The government has refuted claims made by the Chief Executive Officer of the defunct Menzgold Ghana Limited, Nana Appiah Mensah (NAM1), regarding the deposit of GH¢5 million with the Ghana Police Service.

In a statement, NAM1 had asserted that the amount was intended for distribution to customers of the collapsed firm who had successfully undergone a verification process, including those eligible for a GH¢2.5 million judgment debt.

The Attorney General and Minister for Justice, Godfred Yeboah Dame, responded to questions on the floor of Parliament, revealing that only GH¢2.5 million was received from NAM1 and not the reported GH¢5 million.

The clarification comes amid heightened expectations from aggrieved Menzgold customers seeking the release of their funds since the company suspended operations in 2018, facing allegations of operating a Ponzi scheme.

NAM1 is presently on trial for fraud related to the activities of Menzgold.