The Wa Circuit Court presided by Mr. Foster Agyapong Baah has issued a bench warrant for the arrest of Suleman Sultan Badiko, a businessman, for engaging in fraud.
Badiko is said to have defrauded five civil servants in the Wa municipality of the Upper West Region.
Briefing The Ghanaian Times, here, yesterday, the Regional Police Crime Officer, Superintendent Hussein Awunaba, said on February 17, this year, Abu Salifu Tamma, a civil servant, and four other colleagues, lodged a complaint with the police that they have been defrauded by the suspect.
Tamara invested GH¢42,000.00 while Mark Bondiyiri, Carlos K. Ballans, Fedelis Saradong and Mohammed J. Momori invested GH¢38,000.00, GH¢6,000.00, GH¢28,755.00 and GH¢14,400.00 respectively.
The crime officer said the complainants reported to the police in March and May 2015, they invested a total amount of GH¢250,000 with the Line Paradise Micro Finance Ltd, based in Wa, a company of which Badiko was the manager, with an agreed interest of 50 per cent over a period of three months.
However, when their investment matured as per the agreement, and they wanted to withdraw the cash, the manager told them that he had invested their monies with DKM Financial Services in Sunyani.
Sup Awunaba said the victims waited to know the outcome of the company’s transactions with DKM but realised that nothing fruitful would come out of the deal, and reported the manager to the police.
He said Badiko is believed to be hiding in either Sunyani, Techiman or Tamale.
From: Cliff Ekuful, Wa