A 34-year-old self-style businessman, Nana Kwesi Obeng Koranteng, is before an Accra Circuit urt for allegedly defrauding an entity off GH¢3,000,000.00, that he had won a contract to supply Kasapreko Company Limited quantities of petroleum products.
He falsely presented himself to Chizing Company Limited as the Chief Executive of Syncore Petroleum Ghana Limited to part with the money.
Koranteng has, therefore, been slapped with defrauding by false pretences, but pleaded not guilty to the charge.
The court has granted him bail in the sum of GH¢2 million, with three sureties who are Ghanaians and members of his family.
The accused was also ordered by the court to report to the police once a week, and submit all his travelling documents to the Registry of the court.
Facts of the case
The prosecution, led by DSP Evans Kesse, told the court that the complainant in the case was Francis Dadzie, a businessman and a resident of Qyarifa in Accra.
He added that the accused, Nana Kwesi Obeng Koranteng, was a self-styled businessman and resided at Cantonments, also in Accra.
According to him, in November 2021, the accused, who claims to be the Chief Executive of Syncore Petroleum Ghana Limited, approached the complainant with certain claims that he had won a contract to supply some quantities of petroleum products to Kasapreko Company Limited.
He narrated to the court that the accused deceived the complainant to believe that if he could release some funds to him, he could invest same into the alleged contract which could get him very high returns in 60 days.
The accused followed this claim by further presenting some documents to the complainant – that he was the signatory to a Guaranteed Trust Bank account, which the accused had opened for that purpose.
The court was told that based on all these, the complainant became convinced and transferred cash in the total sum of GH¢3,000,000 00 to the accused for that purpose.
Unfortunately, the accused person, after receiving the funds, went into hiding and stopped all communications with the complainant.
On October 24, 2022, the complainant reported the case to the police, and on November 15, the accused person was arrested.
He admitted the offence and pleaded for one month to refund the money, but failed.
Police investigations, however, revealed that the accused person had never had any contract with Kasapreko Company Limited, but only used that as his modus operandi to defraud the complainant.
Koranteng has, so far, issued a banker’s draft of GH¢250,000 to the complainant.
The court has adjourned the case to February 16, this year.
