An Accra Circuit Court has granted a businessman, Hamza Ali, bail of GH¢2 miillion for defrauding by false pretence.
The 47-year-old allegedly took $105,000 from one other businessman below the pretext of exchanging for the equal of GH¢1,627,500, however didn’t comply with via.
Charged with defrauding by false pretenses, Ali pleaded not responsible.
The court docket, presided over by Mr. Samuel Bright Acquah, set the bail circumstances to incorporate three sureties, with one required to have justified landed property.
The case was adjourned to October 21, 2024.
The prosecution, led by Chief Inspector Daniel Danku, knowledgeable the court docket that the complainant, Mr. Gideon Oppong, a businessman residing in Kokomlemle, Accra, approached Ali, who operates a foreign exchange bureau in Kasoa, on May 23, 2024.
Oppong’s enterprise accomplice sought to ship cash and inquired if Ali would settle for U.S. {dollars}, to which Ali offered his overseas account quantity.
The prosecution acknowledged that Oppong’s enterprise accomplice then transferred $105,000 into Ali’s account, with Ali confirming that the fee would yield the equal of GH¢1,627,500 for Oppong.
However, after the funds had been deposited, Ali started to vow the cedi equal however did not ship and subsequently went into hiding.
Following this, on July 18, 2024, Oppong filed a criticism with the police, resulting in Ali’s arrest on July 23, 2024.
Ali admitted to the offenses in his warning assertion and requested further time to contact a buddy named Emmanuel, whom he claimed owned the account he had offered to Oppong.
The prosecution mentioned that the investigation was nonetheless ongoing.
Source: GNA
