An Accra Circuit Court granted bail to the Administrative Officer of Kabfam Company Limited, who reportedly stole over GH 1 million from his employer.
The court presided over by Mrs. Ellen Ofei-Ayeh granted Nana Nyira Agyapong bail in the amount of GH100,000 with three sureties.
He is scheduled to reappear on May 6, 2022.
Not guilty
In court, the accused pled not guilty to the charges of stealing and forgery.
According to state prosecutors, Agyapong, who admitted spending the GH1,079,728 on sports betting, was identified during an internal assessment of the company’s funds.
Prosecution’s facts
The prosecutor, Inspector Maxwell Ayim, stated at the accused’s first appearance in court that on March 4, this year, the company’s Chief Executive Officer, Antwi Boahen, gave Agyapong GH 800,000 to transfer into the bank account of the company’s supplier’s account.
He said that the accused was handed a stamped deposit slip with a face value of GH 800,000 as evidence of deposit.
According to the prosecution, the complainant also sent a copy of the deposit slip to his suppliers as evidence of payment.
On March 14, 2022, however, the CEO got feedback from his suppliers indicating that no money had been transferred into the aforementioned account.
“The CEO confronted the accused person and he confessed to him that he did not deposit any money on the said date and that the payslip he sent to him was forged,” the prosecutor told the court.
Internal audit
This caused the CEO to conduct an internal audit of all the company’s funds, which Agyapong oversaw.
According to him, the audit indicated that an additional GH 279,728 was unaccounted for, for a total of GH 1,079,728.
As a result, the complainant reported the case to the police for inquiry, which resulted to Agyapong’s detention.
“The accused person admitted the offences in his caution statement to the police, and stated that he used the money to stake Sportybet and 1xbet but lost,” the prosecutor added.
Inspector Ayim added again that Agyapong stated that he did not deposit the money but went to the banking hall, filled out the deposit slip form at the bank, and appended the received stamp on the copy when the teller was not looking.
“Investigation revealed that from September 2021 to March 2022, the accused person spent a total of GH¢ 1,285,034 on soccer bet,” he added.
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SOURCE: GRAPHIC ONLINE
