Socialize

Ghanaian fraudster granted Le2bn bail

By Hawa Amara

Ghanaian Akwasi Yiadom Adarkwah was this week granted bail of Le2 billion by Magistrate Komba Kamanda of the Freetown Magistrates’ Court No.2. He is alleged to have defrauded the sum of two hundred and thirty-eight thousand, five hundred and eight-seven euros (238,587 euros) from a non-governmental organization, Mother and Child Revival Centre (MCRC).

The accused, who was the chief executive officer of MCRC, was arraigned on one count of fraudulent conversion contrary section 20(iv)(b) of the Larceny Act of 1916.

The prosecution alleged that the accused on diverse dates – between January and December 2013 – fraudulently converted to his own use the aforementioned amount, equivalent to one billion three hundred and eleven million, seven hundred and fifty thousand Leones (Le1,311,750,000), and entrusted to him by another non-governmental organization called FHM based in Italy for the purpose of delivery to MCRC.

Magistrate Kamanda granted the accused bail in the said sum plus two sureties, resident in Freetown, in like sum, despite State Counsel A.G.M. Bockarie stating he was averse to bail being granted.

The bail conditions though are tough as the sureties should provide a title dead, while the property should be valid Le2 billion and approved by the consultant Master and Registrar.