Bench warrant issued for the arrest of a banker who assisted a businessman to steal $550,000

Bench warrant issued for the arrest of a banker who assisted a businessman to steal $550,000

A bench warrant has been issued by an Accra Circuit Court for the arrest of a bank official who is accused of conspiring with a businessman to steal $550,000 from his employers.

Kelvin Kwesi Koomson, 33, was arrested after failing to appear before the court when the issue was called.

The businessman, Kwabena Boadi Adakwah, who was in court, was, however, granted bail to the tune of GH3.5 million with three sureties to be justified.

Adakwah, the director of Links Field Ridge Reality Limited, had pleaded not guilty to stealing charges.

The court, presided over by Mrs Evelyn Asamoah, delayed the case to October 26, and ordered the prosecution to serve the accused with their disclosures.

According to the prosecution, the case was reported to the Police by Mr Lukman Ibrahim, an official at the Bank’s head office in Accra.

Adakwah met Koomson in the banking hall on January 7, 2016, and requested that bank guarantees be issued on behalf of Links Field Ridge Reality Limited as security for a credit facility.

He was asked to deposit $550,000 in cash as collateral, according to the prosecution, so he went to MET Capital Group Limited for assistance, and the money was swiftly put into his account on January 8, 2016.

Should the credit facility transaction fail or the bank guarantee expires, he was required to reimburse the money to the corporation.

When the agreement fell through, Adakwah went to Koomson in private and with Koomson’s consent, the money was removed, which they used, according to the prosecution.

The Bank summoned Koomson after discovering the money had been removed, according to the prosecution, but he was unable to provide any clear explanation for what had occurred.

As a result, the matter was reported to the Adabraka Police Department. Adakwah was detained on November 28, 2019, and during his interrogation, he referenced Koomson, who was also apprehended to aid with the investigations.

Source: Richard Mensah Adonu | Join our Telegram Group

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