A bench warrant has been issued for the arrest of a 45 years old businessman and former Manger of Kwatano Enterprise, Paul Kpagyaala. The order follows failure on the part of Paul to attend court on August 3 and 16, this year.
The Accra Circuit Court, presided over by Her Honour Patricia Amponsah, yesterday adjourned the case to September 9, 2022.
The court was told by the prosecuting officer, Assistant Superintendent of Police (ASP) Evans Kesse, that Paul was reported to the police by Kwabena Fosu, current Manger of Kwatano Enterprise – a key distributor of Kasapreko Company Limited in Techiman in the Bono East Region.
According to him, Kasapreko Company Limited had a policy of rewarding key distributors cash retention every year.
He said, in March 2022, Mr. Fosu detected some anomalies in Kwatano Enterprise accounts and, therefore, requested a statement from Kasapreko Company Limited to balance the enterprise’s account.
ASP Kesse said it was through this exercise that the complainant discovered that Kasapreko Company Limited rewarded Kwatano Enterprise a cash retention of GH¢265,696.00 for the year 2021, and not GH¢104,636.00, as recorded by the accused.
As a result, on March 23, 2022, the Management of Kasapreko Company Limited was notified of the dishonest appropriation.
The court was told that the Sales Representative of Kasapreko Company Limited responsible for Kwatano Enterprise, and a witness in this case, Anthony Opoku, was contacted and he admitted that in January 2021, the accused produced two sets of invoices showing items purchased by Kwatano Enterprise in that year.
He continued that the witness disclosed that the accused convinced him to calculate the amount of Cash Retention each set differently.
The prosecuting officer indicated that the accused was, subsequently, arrested after a case was made against him.
He said during interrogation, the accused could not produce any substantive documents, owner or the recipient of the remaining GH¢161,060.00 to assist investigation.
The police prosecutor stated that after investigations, the accused was charged with the offence and put before the court.
