A Singaporean national, Toh You Kang, has been remanded into custody by the Dansoman Circuit Court for allegedly defrauding a Chinese Investor of US$3 million under the pretence of establishing a cable business in Ghana.
Toh You Kang, 33, has been formally charged with defrauding by false pretences, contrary to Section 131(1) of the Criminal Offences Act, 1960 (Act 29) but pleaded not guilty.
The case, presided over by Her Honour Halimah El-Alawa Abdul-Baasit, saw the accused remanded pending further investigations.
The court also directed that the investigations be expedited due to the large sum involved and cross-border implications.
The matter has since been referred to the Attorney General’s Office for advice, as the amount involved exceeds the prosecutorial jurisdiction of the Ghana Police Service.
According to Chief Inspector Christopher Wonder and Chief Inspector Kwadwo Aboagye, who presented the preliminary facts to the court, the accused allegedly used a Ghanaian national, Emmanuel Nii Ashie-Moore, as bait to convince the Chinese Investor of his credibility.
Between May and August 2024, the accused reportedly introduced himself to Ashie-Moore as an expert in the cable market and proposed a joint business venture in Ghana. Trusting this representation, Ashie-Moore approached a Chinese investor who agreed to finance the venture.
The Investor then transferred $3 million USD into an account controlled by Toh You Kang, with the understanding that the funds would be used by Ashie-Moore for setting up the business.
However, investigations revealed that Toh absconded with the funds and falsely claimed to the investor that the money had been handed over to Ashie-Moore.
Toh was subsequently arrested on May 28, 2025, upon arrival at the Kotoka International Airport by the Accra Regional CID. During interrogation, the accused admitted receiving the funds but claimed they were not intended for Ashie-Moore.
The case is expected to resume on June 11, after advice from the Attorney General’s Office is received and investigations are concluded.
