A Secretary at the Energy Ministry has been brought before the Accra Circuit Court on charges of allegedly embezzling an amount of GH¢287,775.47 from the Agricultural Development Bank (ADB) through the bank's ATM on multiple occasions.
Fourty-four-year-old Regina Abanga is facing a total of 116 counts of theft.
Regina pleaded not guilty when presented before the judge, Kizita Naa Koowa Quarshie.
Mrs. Quarshie has granted bail to the accused, setting the sum at GH¢250,000 and requiring three sureties. One of the sureties is expected to provide justification through a landed property valued at GH¢125,000.
The court mandated that the accused report to the police every Wednesday.
Prosecutors explained that the complainant, Irene Akua Antwi, holds the position of Unit Head Officer of Business Operation at the ADB Head Office in Accra while Regina Abanga holds an account at the bank's Ridge Branch.
Court documents indicate that between November 2022 and June 2023, the accused allegedly manipulated ADB ATMs across various locations in Accra to carry out unauthorized withdrawals, resulting in a total of GH¢287,775.47 being taken.
Prosecutors added that the suspicious transactions were only detected on June 15 when Solomon Inkoom, an employee at the bank's Labone Branch, noticed irregular withdrawals and reported to the complainant, who subsequently alerted the ADB's risk team.
As a result of these findings, the bank took action by blocking the accused's ATM card to prevent further unauthorized withdrawals.
On June 16, 2023, the accused attempted to withdraw funds from an ADB Ridge branch ATM, but the card was confiscated.
Regina then proceeded to the Banking hall to report the incident to the management, only to be apprehended by the Risk Team and subsequently handed over to the Ministry's Police.
The accused reportedly confessed to the offense. Additionally, she admitted to using part of the stolen funds to purchase a Toyota Vitz with registration number GE-3545 -21 and to fund the ongoing construction of a 3-storey building, which has currently reached the fifth floor.
Latest Stories
-
I’m not just passionate about music, I’m hungry for it – Gyakie
13 minutes -
I haven’t started spending the $5,000 gift from Davido – Ananzo Official
15 minutes -
Smart Procurement: Using AI to combat fraud and boost efficiency in Ghana’s public spending
17 minutes -
Lions Club commissions modern Diabetes Clinic and Emergency Ward for Suntreso Government Hospital
22 minutes -
Asutifi North fire officer urges strict compliance with traffic rules to save lives
23 minutes -
Telecel Ghana celebrates sportsmanship and Heritage at 68th Asantehene Golf Open
32 minutes -
U.S. and Israeli Strikes on Iran: A racist, colonialist assault on sovereignty
33 minutes -
Scientists make case for intercropping amidst climate change impacts
34 minutes -
Government urged to boost TVET to reduce unemployment
38 minutes -
Leading NPP member proposes revision of requirements for higher party roles
44 minutes -
Embedding Ethical AI in Public Procurement: Ghana’s path to trustworthy automation in E-governance
46 minutes -
Seth Terkper to launch book on Ghana’s VAT journey and lessons for Africa
49 minutes -
The silence around Nana Pooley’s case: When justice sleeps, society suffers
50 minutes -
UTAG president challenges Chinese Ambassador over galamsey remarks
51 minutes -
The Escalating Israel-Iran War: A new threat to global trade
59 minutes