Cabinet to decide whether to auction NAM1's properties – Dominic Ayine

The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has disclosed that a final decision on the properties confiscated from Nana Appiah Mensah, popularly known as NAM1, will be made after Cabinet deliberations.

Addressing journalists at a press briefing on Wednesday, October 22, 2025, Dr. Ayine said the state will determine whether to sell or repurpose the seized assets following consultations at the highest policy level.

He was responding to a question about the government’s plans for assets seized in connection with the ongoing criminal case involving the embattled Menzgold chief executive.

According to Dr. Ayine, the decision will depend largely on the type of property and the government agency responsible for managing it. He clarified that if the confiscated assets include real estate, “they would be handed over to the Ministry of Works and Housing, which would determine their appropriate use.”

He further explained that Cabinet may decide to auction some of the assets and deposit the proceeds into the Consolidated Fund. “When they are handed over to the state, the appropriate authorities will know what to do with them,” Dr. Ayine said.

“If it is also the case that we should auction them and then put the money into the consolidated account, that decision will be taken by Cabinet and then we will continue from there.”

Dr. Ayine, however, cautioned that the process might take some time, as individuals implicated in such cases often challenge confiscation proceedings in court.

He assured that the Attorney-General’s office would continue to pursue the matter vigorously in the interest of the Ghanaian people, emphasizing that due process would be followed to ensure accountability and transparency.

The Attorney-Generals comments formed part of a broader engagement with journalists on key
investigations and prosecutions being undertaken by his office.