Banker jailed 3 months for stealing GHc 50,000

A banker who stole GHc 50,000 belonging to a micro finance company has been jailed by an Accra Circuit Court.

The banker, David Neequaye, was charged with forgery of official documents and stealing and he plead guilty and was convicted accordingly.

He was sentenced to three months imprisonment with hard labour on the charge of stealing and fined GHc3,600 or  in default go to jail for three months on the charge of forgery.

The sentences are however to run concurrently.

Prosecuting Chief Inspector Francis Tarsan said the complainant was Mr Edmund Kwesi Bamfo, the head of Susu Banking at Nationwide Micro finance Company Limited and the accused was an employee and a “Susu” coordinator of the company.

During the month of November, last year, auditors of the company embarked on routine checks and discovered that Neequaye had embezzled funds belonging to the customers through the issuance of fake investment certificates.

It was discovered that the accused had stolen GHC 50,000  and a report was made to the Police.

Accused, however, refunded GHC 1,600  to the company.

Source: GNA