The Accra Circuit Court, presided over by Her Honour Susana Eduful has remanded Ayisha Iddrisu, a 32-year-old former cashier of KAS Estate Ghana Limited into police custody, after she pleaded not guilty to a charge of stealing over GH¢5.4 million from her employer.
The accused was charged with stealing, contrary to Section 124(1) of the Criminal Offences Act, 1960 (Act 29).
The case, which has drawn significant public attention due to the scale of the alleged theft, has been adjourned to August 27, 2025.
According to court documents presented by ASP Emmanuel Haligah, the prosecuting officer, Ayisha Iddrisu, dishonestly appropriated a total of GH¢5,478,338 from the company’s MTN Mobile Money (MoMo) account between September 2018 and July 2025.
The complainant, Yahyah Kassim Atta, CEO of KAS Estate Ghana Limited, reported that Ayisha, who had been with the company for eight years, was responsible for managing the company’s MoMo transactions.
She allegedly transferred client funds from the company’s MoMo account to her personal MoMo numbers over several years.
The prosecution revealed that the company discovered the discrepancies in August 2025 when Ayisha was due for a transfer from the Tesano branch to Amasaman.
Her reluctance to hand over the MoMo phone raised suspicions, prompting management to request a full statement of account from MTN Ghana.
The statement reportedly revealed that Ayisha had transferred funds totalling GH¢5,406,118.00 to her personal MoMo numbers: 0240485441, 0596095474 and 0598532718, all registered in her name.
Additionally, she made transfers totalling GH¢72,220.00 to other MoMo accounts, bringing the total to GH¢5,478,338.00.
Upon arrest on August 12, 2025 Ayisha allegedly admitted to the theft and disclosed that part of the stolen funds was used to acquire landed properties in Kasoa-Nyanyanor, Amasaman-Obeyeye, Amasaman-Obom and Awutu-Senya.
She also reportedly purchased two vehicles: a Toyota Yaris and a Toyota CH-R (registration number GR 4875-23), the latter of which has since been retrieved by the police.
The police have also retrieved three mobile phones including an iPhone 14 Pro Max with a MoMo balance of GH¢2,848,207.00, an iPhone 12 Pro Max with GH¢938,944.00 and a Huawei phone.
Ayisha has disclosed the existence of multiple bank accounts at GCB Bank, Ecobank Ghana, and Fidelity Bank, believed to contain additional funds.
D/Inspector Timothy B. Asamoah Esq., the investigator in charge of the case, confirmed that investigations are still ongoing as police work to trace and recover all assets acquired with the stolen funds.
The court has ordered that Ayisha remains in police custody as investigations continue.
