”The land belongs to my compan” Managing Director in Court for fraud

”The land belongs to my compan” Managing Director in Court for fraud

Photo Credit: www.johnschapman.com

A Managing Director of Ikson Properties Agency Limited has appeared before a Circuit Court in Accra for alleged fraud.

The Accused, Yawson Otoo who was smartly dressed in a suit was charged with fraudulent land transaction, when he was brought before court but he said he was innocent of the charge preferred against him by the Police.

Counsel for the Accused therefore pleaded with the presiding judge, His Honour, Aboagye Tandoh to grant his client bail, stating that the Accused had pleaded not guilty to the charge leveled against him, adding that the offence was bailable. The court, having considered the facts of the case presented by Prosecution and the bail application made by Counsel for the Accused admitted bail to the Accused in the sum of two hundred thousand cedis (GH 200,000) with two sureties, one of them (sureties) must be justified.

The Accused will reappear before court on Wednesday, the 16th of March 2016.
Earlier, prosecution, Chief Superintendent Duuti Tuaruka informed the court that first and second Complainants, Felicity Agyapong Darpah and Ebo Hammond are business partners who work at HP Consult in Accra.

Prosecution said that one Felix who is the Accused person’s employee told the second Complainant that his employer (Accused) has a land located at Baatsona for sale, hence led the second Complainant to see the Accused in his office.

The Police Officer also stated that the Accused confirmed that the land belongs to his company and went ahead to offer four plots for sale at a cost of GH 480,000.00 cedis, adding that second Complainant after inspecting the land informed the first Complainant about the said land and they accepted the offer.

‘Between the months of December 2014 and February 2015, the Complainants made part payment of GH 120, 000.00 to the Accused. Shortly after the payment, the Complainants noticed that someone had entered onto the same plots of land and was developing it’, the State Prosecutor said. Chief Superintendent Duuti added that the Complainants became alarmed and went to conduct a search which revealed that the said parcels of land belong to Koiwah Investment Company Limited, adding that the Complainants reported the matter to the Police and the Accused was arrested and charged with the offence respectively.