A Relationship Manager at a private Bank (Banker), Christopher Arthur, has been arraigned at the Circuit Court for stealing GH¢12 million belonging to a businessman whose account was being managed by him.
Arthur is said to have used GH¢600k of part of that sum on online betting, having allegedly forged bank statements to conceal the transactions but later admitted to the offence and made partial refunds.
Some assets, including vehicles and cash believed to be proceeds of the crime, have been retrieved.
Investigations further revealed that part of the stolen funds was spent on sports betting, while accomplices are being pursued.
On Thursday, before His Honour Eyram Fumey, he pleaded not guilty the charge of stealing and was admitted to bail in the sum of GH¢12 million with four sureties of substance, three out of the four sureties are to be justified.
The bail comes after his lawyers led by Samuel Laryea prayed for bail and the prosecution led by Chief Inspector Jonas Larwer did not oppose the grant of bail.
The Court has also directed the Prosecution to file disclosures prior to the next adjourned date. Case adjourned to May 26, for Case Management Conference.
Brief facts
Per the brief facts of the case as presented to the Court by Chief Inspector Larwer, the complainant, is a businessman while the accused person, Christopher Arthur, is a relationship manager at Bank, Haatso branch.
It said, in the year 2023, the complainant opened accounts at the said branch with (3) account numbers.
These accounts were linked to the accused to manage same for his company C.T and C Limited.
It said, in January, 2026, the complainant started detecting some anomalies in the aforementioned accounts and quickly prompted the accused, who manages the accounts.
Complainant further realized that cash in the sum of GH¢12,000,000.00 had been misappropriated from the accounts and highly suspected the accused.
It said, March 8, 2026, the accused was accosted and with intent to outsmart the complainant, generated an internally forged bank statement for the complainant but it was later detected to be falsified.
The Prosecution said, the Accused on sensing danger confided in the complainant and refunded the sum of GHS 94,000.00 in cash and on March 12, 2026, accused refunded additional GHS 1,195,900 in cash.
Police report, Arrest
It was the case of the Prosecution that, on March 25, 2026, the complainant reported the matter to the police at Baatsonaa and accused was arrested to assist with police investigation.
The Prosecution stated that, during interrogation accused admitted to the offence and told police that, it started in April, 2025, with the assistance of one Gyamfua Obaayaa, Abigail Thelma who are all in Kumasi.
And that, through their UBA account number 01638808901552, and Stanbic Bank account number 9040001246182, cash in the sums of GH¢153,000.00 and GH¢693,598.06 were siphoned from the complainant’s account.
The facts stated that, in the course of investigation, a Toyota Corolla with registration number GR 224-19 and Hyundai Elantra with registration number GC 9242-20, one Apple Laptop being the proceeds of the crime were all retrieved and kept for evidential purposes.
Additionally, cash in the sum of GH¢481,800 was also recovered from the accused.
More filla
The facts further stated that, in another development, two private Banks account numbers, all bearing the name of Adafia Caeser Shadrack were also noticed to have been used in withdrawing GHS7,500,000.00 cash from the complainant’s account.
It said, investigation further revealed that the accused spent GH¢600,000.00 of the stolen money on online betting.
Meanwhile, efforts are underway to seek an order from the court and ascertain various statements of the aforementioned accounts details and arrest his accomplices to assist in investigation.
Case still under investigation.
Source: Starrfm.com.gh
