Court orders arrest of banker over stolen $550,000

An Accra Circuit Court has issued bench warrant for the arrest of a bank official, who allegedly abetted with a businessman to steal $550,000 from his employers.

The court ordered the arrest of the banker, Kelvin Kwesi Koomson, 33, for failing to appear before it when the matter was called.

Kwabena Boadi Adakwah, the businessman, who was in court has, however, been granted GH¢3.5 million bail with three sureties to be justified.

Adakwah, director of Links Field Ridge Reality Limited, had pleaded not guilty to the charge of stealing and the court adjourned the case to October 26.

The court presided over by Mrs Evelyn Asamoah also ordered prosecution to serve accused with its disclosures.

MrLukman Ibrahim, an official at the head office of the bank, in Accra, reported the matter to the police, the prosecution said.

On January 7, 2016, Adakwah approached Koomson at the banking hall and requested for bank guarantee to be issued on behalf of Links Field Ridge Reality Limited as a security for a credit facility.

According to prosecution, Adakwah was requested to deposit cash in the sum of $550,000 as collateral, therefore, he went to MET Capital Group Limited to seek help, and the money was transferred into his account on January 8, 2016.

Adakwah was expected to refund the money to the company should the transaction for the credit facility fail or the bank guarantee expire.

Prosecution said when the transaction did not materialise, Adakwahcontacted Koomson and with the consent of Koomson, the money was withdrawn, which they utilised.

The court heard that the bank, upon realising that the money had been withdrawn, summoned Koomson but he could not give any tangible reason for the transaction.

The matter wasreported to the police at Adabraka, and on November 28, 2019, Adakwah was arrested.

During interrogation,Adakwahmentioned Koomsonas an accomplice and he (Koomson) was also nabbed to assist in the investigation.-GNA

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