Police probe cheque fraud at GCB

From Isaac Akwetey-Okunor, Koforidua

Mr. Simon Dornoo - Managing Director, Ghana Commercial Bank

Ghana Commercial Bank (GCB), by an unknown syndicate.
The paper’s investigations at the hospital revealed that the management of the hospital was shocked when a number of cheques issued to the bank for withdrawal, were rejected on grounds that the hospital had insufficient money in its account.

The development did not go down well with the management, which ordered a reconciliation exercise to establish the cause.

According to a letter written by the management of the hospital, signed by the Hospital’s Medical Director, Dr. Daniel Asare and sighted by this paper, available documents at the hospital on bank lodgings, showed that a number of cheques drawn from the IGF Service Accounts were unauthorised.

It was discovered that cheque numbers 977858 and 977811, in the sums of  GH¢18,633.11 and GH¢26,921.16 respectively, were drawn by unknown persons on October 19 and 22, 2010, whilst one Daniel Acquah used cheque numbers 977859 and 977812 to withdraw GH¢22,711.55 and 26,615.71 respectively.

It was also detected that cheque numbers 977813 and 977814 for GH¢27,653.17 and GH¢29,960.41, were drawn on an authorised company’s name.

While the hospital cries foul, checks by this reporter at the hospital revealed that cheque booklets number 977801-850 for the IGF Service Account, and number 977851-900 for the IGF Drug, from which some of the leaflets were supposed to have been used, in what is being described as the fraudulent deal were still intact.

The management of the hospital has called on the police to investigate the circumstances that led to the withdrawal of the amounts.

They are also demanding that the bank credit the IGF Service Account with the total value of the amount illegally withdrawn.

The Medical Director lamented to The Chronicle that the deal had rendered the hospital insolvent, complaining that it had become virtually impossible to meet current administrative expenses.

The hospital authorities have threatened to close down the IGF Service and IGF Drugs accounts with the bank, since the safety of funds could no more be guaranteed.

The Chief Cashier of the bank, Frederick Nyarko, confirmed the withdrawals, but declined to give details.

Deputy Commissioner of Police (DCOP) Ransford Ninson, Eastern Regional Police Commander, confirmed the story, and said the matter was under investigation.

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