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Court grants Susu Collector 100 million cedis bail

Tue, 15 Feb 2005 Source: GNA

Kumasi, Feb. 15, GNA - A Kumasi Circuit Court on Wednesday granted a Susu Collector bail in the sum of 100 million cedis for defrauding his customers.

Kwaku Anim, who pleaded not guilty, would re-appear on February 23. Chief Inspector Regina Kesewah told the Court presided over by Mr Ernest Yao Obimpeh that Anim, who was the Director of Nkosuo Susu Group and the complainant, Mr John Owusu Kwateng decided to operate a susu collection business last year.

She said Anim became the Director of the business while Mr Kwateng was made the Secretary and that it was mutually agreed that all money that would be collected would be lodged into the accounts of Anim at the Nwabiagya Rural Bank.

Chief Inspector Kesewah said operations of the susu business started in earnest in July 2004 and the two succeeded in collecting various sums of money from contributors to the tune of 200 million cedis as at November 2004.

She said some payments were made to some customers on demand but Mr Kwateng detected that an amount of 70 million cedis had been withdrawn from the accounts without his knowledge. Chief Inspector Kesewah said all efforts by Mr Kwateng to retrieve the money from the Anim to pay some customers failed and so he reported the matter to the Police and he was arrested.

Source: GNA