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Manager of "Susu" collection company boss remanded

Fri, 9 Oct 2009 Source: GNA

Kumasi, Oct 9, GNA - A Kumasi Circuit Court presided over by Mr Justice Emmanuel Amo-Yartety has ordered that the Manager of Mega Trust Uni-Investment Limited, should be kept in prison custody for operating a financial scam.

Steven Kwasi Adjei is accused of duping 257 people to the tune of=

GH¢57,435 using a fake "susu" collecting company. He has denied the offence and would re-appear on October 21. A plea by his counsel for bail was refused and the Court said it would re-consider the decision on the adjourned date.

Police Chief Inspector Archibald Kwesi Fandoh had earlier told th= e Court the company, headed by the accused, started business at Kronom-Afrancho near Kumasi in April 2008.

He convinced his victims to save with the company and assured the= m of prompt payment on maturity and promised them loans.

Chief Inspector Fandoh said when the time was due for the custome= rs to take back their savings they realized that the office from which the company had been operating was locked up.

They became suspicious and made a formal complaint to the police. Adjei in a caution statement admitted the offence. 09 Oct 09

Source: GNA