An Accra Circuit Court has granted bail in the sum of GH¢ 80, 000.00 with three sureties, to Francis Wilmot Bonzah, an Administrator, for issuing false cheques.
He was charged with issuing Unibank Cheques for an amount of GH¢ 4.800.00 and GH¢ 64,800.00 to be drawn by Tiger Force Microfinance Limited at the bank on January 13 and February 14, knowing that he had no grounds to believe that he had adequate funds in his account to pay the specified amount in the cheque.
Additionally, Francis allegedly also issued an Ecobank Cheque for an amount of GH¢ 20,000.00 to be drawn by Tiger Force Microfinance Limited on March 21 knowing that he had no grounds to believe that he had adequate funds in his account to pay the specified amount in the cheque.
He pleaded not guilty to the charges and was granted bail by the court, presided over by Madam Helen Amoah.
Prosecuting, Police Chief Inspector Michael Jubioks told the court that the complainant was the Manager of Tiger Force Microfinance Company Limited at Osu, while the accused person was an Administrator, and resided at Cantonment.
He said in November, 2013, the accused person took a loan facility of Gh¢60,000.00 from Tiger Force Microfinance Limited and issued the three post-dated cheques to cover the re-payment.
The prosecution said on the days of maturity, the complainant presented the cheques to the bank and all were dishonoured.
He said a report was made to the police and the accused person was arrested and granted police enquiry bail to negotiate with the complainant but he jumped bail.
Police Chief Inspector Jubioks said a bond was served on his sureties and Francis was produced.
He was, subsequently, charged with the offence.