The Herald’s reports have it that the commander of the Abomouso District Police Station has not taken kindly to the newspaper’s involvement in unearthing and bringing to the public the scam perpetrated by Mr. Eric Asempa and his Excel Financial Investments Limited Company on the poor farmers, market women, artisans and others in parts of the Eastern Region.
According to Mr. Jacob Dotsey, one of those swindled in a scam akin to Pyram and R5 financial scandals that rocked Accra in the late 80’s, the commander of the Abomouso District Police Station, expressed his disapproval with him talking to The Herald on the matter.
“Why did you talk to the newspaper in the first place?”, Mr. Dotsey said he was asked by the commander.
“Have you seen that they couldn’t help you that is why you have come back to the police?”, Dotsey told The Herald as having been posed to him by the commander.
According to him, other victims of the financial scam, based in Abomouso in the Eastern Region, including himself, have lost hope in the Abomouso Police pursuing and bringing to justice, Eric Asempa, also known as Sam-Aidoo Eric, who has absconded with their money, running into about GH ¢100,000.00.
He said last week was not the first time the matter had been reported to the police, adding that the way the police handled the matter the first time it was reported to them, allowing Eric Asempa to run away, gave credence to the rumours circulating that the police had been bribed .
Eric Asempa, using his Excel Financial Investment Ltd as a savings and loans company, spread across four towns – Kade, Osenase, Abomouso and Esuom – managed to dupe his unsuspecting victims.
The company went into business in 2010, and was doing well until late that year, The Herald was told, when it started reneging on its responsibility of honouring loan requests and giving back people’s savings and accruing interests to them.
Sometime early this year, Eric Asempa went into hiding, not accounting for people’s savings believed to be over GH¢ 100,000.00 Excel Financial Investment Ltd. operations have collapsed in Abomouso, Esuom and Kade, except in Osenase.
At Osenase, the office of the institution is managed by Brown Eshun, who has opened a bank account in his name to run the operations of the company.
According to him, he is also looking for his boss, Eric Asempa, to pay back GH¢3,500.00, being people’s saving with the institution, that the former had collected in his absence at the office.
Eric Asempa is said to hail from Gomoa Adam in the Central Region. He is believed to be hiding in Accra, Asenase or Gomoa Adam.
