Administrator remanded for allegedly betting with company funds
The accused is said to have failed to deposit an amount of money meant to pay the company’s suppliers, and that he was also implicated during an internal audit of the firm.
An administrator at Kab-Fam Ghana Limited, an electrical appliance retail store, has been remanded into police custody for allegedly betting with one million Ghana cedis (GH¢ 1, 079,728.00) of company funds.
He is facing charges of stealing and forgery.
Police Prosecutors told the court, the accused, Nana Agyapong, failed to deposit an amount of money meant to pay the company’s suppliers, and that he was also implicated during an internal audit of the firm.
The audit revealed that an additional GH¢ 279,728 was unaccounted for in the company’s records.
In court, he pleaded not guilty, even though he is reported to have mentioned in his caution statement of using the money on a Spotify bet and 1xbet stake that he lost.
After remanding him, the court adjourned its sitting to April 4, 2022.
