The Circuit Court in Accra has granted bail in the sum of GHc2 million to a self-styled businessman for allegedly defrauding a businessman to the sum of GHc3 million.
Nana Kwesi Obeng Korankye, a self-styled businessman pleaded not guilty to the charge of Defrauding by false pretenses when he was arraigned.
In addition to his bail sum he is to produce three sureties whom the court said should all Ghanaians and family members of the accused.
The court presided over by His Honour Samuel Bright Acquah also ordered the accused to report to the police once a week and submit all travelling documents to the registry of the court.
Brief facts
The Prosecutor, DSP Evans Kesse, told the court per the brief facts that, the Complainant, Francis Dadzie, a Businessman and a resident of Oyarifa, Accra.
The Prosecutor said the accused Nana Kwest Obeng Koranteng is a Self-Styled Businessman and resides at Cantonments, Accra.
He said, within the month of November 2021, the accused who claims to be the Chief Executive of Syncore Petroleum Ghana Limited, approached the complainant with certain claims that, he had won contract to supply some quantities of petroleum products to Kasapreko Company Limited.
DSP Kesse said, the accused deceived the complainant to believe that, if he could release some funds, he could invest same into the alleged contract for him that could get him very high returns in sixty (60) days.
He told the court that the accused further presented some documents to the complainant which introduced him as s signatory to a Guaranty Trust Bank account which the accused has opened for that purpose.
“Based on all these, the complainant became convinced and transferred a total cash of GHc3,000.000.00 to the complainant for that purpose,” DSP Kesse told the court.
He added that, the accused after receiving the funds, went into hiding and stopped all communications with the complainant.
On October 24, 2022, the complainant reported the case and on November 15, 2022 the accused was arrested.
“He admitted the offence and pleaded for one montii to refund the money, but failed,” the Prosecutor said.
“Investigations however revealed that, the accused person has never had any contract with Kasapreko Company Limited, but only used the modus with intent to defraud the complainant. Case still under investigations.”
Source: Ghana/Starrfm.com.gh/Murtala Inusah
