Ali PVT Ghana MD granted GH¢150,000 bail over alleged dud cheques
The court, presided over by Basilia Adjei-Tawiah, admitted him to bail in the sum of GH¢150,000 with two sureties.
The Managing Director of Ali PVT Ghana Limited, Saif Ahamad, has been granted bail after he was accused of issuing five dishonoured cheques valued at GH¢600,000.
Ahamad, 27, appeared before an Accra Circuit Court and pleaded not guilty to the charge.
The court, presided over by Basilia Adjei-Tawiah, admitted him to bail in the sum of GH¢150,000 with two sureties.
One of the sureties must be justified with either landed or movable property, while the second surety must be a salaried worker earning at least GH¢3,000.
The court also ordered Ahamad to deposit his passport at the court registry.
He is to report to the police investigator handling the case every Tuesday between 7 a.m. and 2 p.m.
The case has been adjourned to October 20, 2026.
The prosecution has been directed to prepare disclosures for a possible Case Management Conference.
Counsel for Ahamad, in applying for bail, told the court that his client was innocent of the alleged offence.
He said Ahamad was not a flight risk and would make himself available to stand trial and clear his name.
Counsel also told the court that the accused had previously been on police enquiry bail before his appearance in court.
Police Chief Inspector Daniel Appiah Ofori, holding brief for Deputy Superintendent of Police Kesse, said the complainant, Yahaya Umar Mohammed, is the Sales Manager of Parthagyl Ghana Limited.
The company is engaged in the supply of rice products.
The prosecution said Ahamad manages the operations of Ali PVT Ghana Limited at Haatso.
According to the prosecution, Parthagyl Ghana Limited supplied various quantities of rice products to Ali PVT Ghana Limited between 2024 and 2025.
The goods were valued at about GH¢7,049,340.
The court heard that on June 11, 2026, the complainant contacted Ahamad over the outstanding debt.
Ahamad, acting on behalf of Ali PVT Ghana Limited, allegedly issued five cheques to the complainant to settle part of the debt.
The cheques were numbered 000189, 000190, 000191, 000192 and 000193.
The prosecution said the cheques were later presented for payment through OmniBSIC Bank but were dishonoured because the account had insufficient funds.
The complainant subsequently reported the matter to the Manet Police Station.
Ahamad was arrested, cautioned and charged after investigations.
