{"id":233307,"date":"2024-10-16T08:06:35","date_gmt":"2024-10-16T08:06:35","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/16\/businessman-granted-ghc2-million-bail-over-fraud\/"},"modified":"2024-10-16T08:06:35","modified_gmt":"2024-10-16T08:06:35","slug":"businessman-granted-ghc2-million-bail-over-fraud","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/16\/businessman-granted-ghc2-million-bail-over-fraud\/","title":{"rendered":"Businessman granted GHC2 million bail over fraud\u00a0"},"content":{"rendered":"<p><\/p>\n<div>\n<p>By Emelia Nkrumah\u00a0<\/p>\n<p>Accra, Oct. 15, GNA \u2013 An Accra Circuit Court has granted a businessman, Hamza Ali, bail of two million Cedis for defrauding by false pretence.\u00a0<\/p>\n<p>The 47-year-old allegedly took $105,000 from another businessman under the pretext of exchanging it for the equivalent of GH\u20b51,627,500 but did not follow through.\u00a0\u00a0<\/p>\n<p>Charged with defrauding by false pretences, Ali pleaded not guilty.\u00a0\u00a0<\/p>\n<p>The court presided over by Mr Samuel Bright Acquah, set the bail conditions to include three sureties, with one required to have justified landed property.\u00a0\u00a0<\/p>\n<p>The case was adjourned to October 21, 2024.\u00a0<\/p>\n<p>The prosecution, led by Chief Inspector Daniel Danku, informed the court that the complainant, Mr Gideon Oppong, a businessman residing in Kokomlemle, Accra, approached Ali, who operates a forex bureau in Kasoa, on May 23, 2024.\u00a0<\/p>\n<p>Oppong\u2019s business partner sought to send money and inquired if Ali would accept U.S. dollars, to which Ali provided his foreign account number.\u00a0<\/p>\n<p>The prosecution stated that Oppong\u2019s business partner then transferred $105,000 into Ali\u2019s account, with Ali confirming that the payment would yield the equivalent of GH\u20b51,627,500 for Oppong.\u00a0\u00a0<\/p>\n<p>However, after the funds were deposited, Ali began to promise the cedi equivalent but failed to deliver and subsequently went into hiding.\u00a0\u00a0<\/p>\n<p>Following this, on July 18, 2024, Oppong filed a complaint with the police, leading to Ali\u2019s arrest on July 23, 2024.\u00a0<\/p>\n<p>Ali admitted to the offences in his caution statement and requested additional time to contact a friend named Emmanuel, whom he claimed owned the account he had provided to Oppong.\u00a0\u00a0<\/p>\n<p>The prosecution said that the investigation was still ongoing.\u00a0<\/p>\n<p>GNA\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Emelia Nkrumah\u00a0 Accra, Oct. 15, GNA \u2013 An Accra Circuit Court has granted a businessman, Hamza Ali, bail of two million Cedis for defrauding by false pretence.\u00a0 The 47-year-old allegedly took $105,000 from another businessman under the pretext of exchanging it for the equivalent of GH\u20b51,627,500 but did not follow through.\u00a0\u00a0 Charged with defrauding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":232854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-233307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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