The Supreme Court has issued a warrant for the arrest of embattled CEO of Menzgold, Nana Appiah Mensah.
He is wanted for defrauding by false pretence after months of his failure to pay investors their entitlements.
Apart from Nana Appiah Mensah, the warrant is also for the arrest of Rose Tetteh believed to be his wife and his sister Benedicta Mensah.
There are reports, the embattled CEO is hiding in South Africa or Nigeria. Interpol has also been alerted while any Ghanaian with knowledge of his whereabout is also charged to effect his arrest.
Meanwhile, six customers of Menzgold have been granted bail by the Asokore Mampong District court.
They were among seven who were arrested on Tuesday by the police for flouting the public order law.
They have been granted bail to the tune of GH¢5000 with a surety for each person.
Lawyer for the six, Kwame Owusu Sekyere argued that his clients had done no wrong and that they were only at the protest to check if their monies would be paid.
He added that the six did not hold any placards as indicated by the prosecution.
The case has been adjourned to January 22. The police have also been ordered to find the seventh suspect and bring him to court on the same day.
The seven customers of Menzgold were arrested on Tuesday for flouting a police order not to demonstrate. They are part of about hundreds of customers who protested over the failure of government to help them retrieve their locked-up investments.
They have been charged with offensive conduct and unlawful assembly in the Tuesday morning demonstration in the Ashanti regional capital, Kumasi.
They are expected to appear before the court on Wednesday.
Ashanti Regional Police Public Relations Officer, Gordon Ahianyo said although the customers were cautioned, they ignored the directive and went ahead with the demonstration.
“We have people who are behind this demonstration…they are over one hundred if I am not mistaken, we are still picking them…we are not going to end now,” he added.