Warrants have been issued in the name of the president to have Nana Appiah Mensah, the beleaguered Chief Executive Officer of gold-trading firm Menzgold Ghana Limited, and all the other directors arrested.
The warrants were issued on Wednesday, January 9 and signed by a circuit court judge.
They have been accused en masse of defrauding by false pretences contrary to Section 131 of Act 29/60.
The warrants sighted by 3news.com so far are for the arrest of Mr Mensah, Rose Tetteh and Benedicta Appiah.
The Inspector General of Police (IGP), any other officer and other officers of the court have been given the powers to arrest the cited directors.
They are to be produced them before the court in Accra.
The Menzgold imbroglio began on Wednesday, September 12, 2018, when the Securities and Exchange Commission (SEC) ordered the immediate shutdown of the firm.
Though Menzgold Ghana Limited initially resisted the order, it succumbed by agreeing to settle customers, who have since been agitated by the freezing of some of their deposits.