Gold fraudster gets Le100m bail


January 19, 2016 By Hawa Amara

Magistrate Mohamed Seray-Wurie yesterday slammed a Le100 million bail bond on one Abdul Wahab Kargbo, alias ‘Capitalist’, following his arraignment for allegedly defrauding a certain Alie Razack in excess of Le122 million by falsely pretending to sell 10 kilograms of gold.

The accused was arraigned at the Freetown Magistrates’ Court No.6 on two counts of conspiracy to defraud and obtaining money by false pretences, contrary to the laws of the country.

According to the prosecution, the accused on diverse dates between 24 February and 3 March 2015 in Freetown obtained the aforementioned money from the complainant on the grounds that he had some gold dust for sale, knowing same to be false.

Earlier, defence counsel M.P. Sesay told the court that his client is diabetic and pleaded with the magistrate to release him on bail.

His application was upheld by the magistrate, with the condition of Le100 million bail bond and two sureties in like sum. The sureties should be resident owners of property in the Western Area and one of them must produce his title deed, subject to the approval of the Acting Master and Registrar.

Prosecutor, Assistant Superintendent of Police M.A. Fofanah, would not start the matter on the grounds that he was yet to have conference with the complainant.

The matter will commence on 27 January.