The trial of the former boss of the UT Bank widely known as Prince Kofi Amoabeng, former Chief Executive Officer of UT Bank, who is being held on the charges of stealing and money laundering, has been adjourned to February 5.

The postponement came after the court has engaged the prosecution to file all documents they intend to rely on for the trial on Amoabeng or his lawyer.

Mr Amoabeng who made his first appearance on January 14, this year, has however denied the charges with the amount involved being up to the tune of GH¢51,334,338.00 and $8.6 million.

The court presided over by Mr. Emmanuel M. Essandoh admitted him to bail in the sum of GH¢110 million with two sureties.

The sureties, according the court, should be public servants earning not less than GH¢2,000.00.

It further ordered the former UT bank boss to deposit his travelling documents to the Court’s Registry and to report to the Police every Monday and Friday.

Prosecuting, Assistant Superintendent of Police (ASP) Emmanuel Nyamekye had earlier said that a Special Investigation Team (SIT) received a report from the PriceWaterhouse and Coopers through the Bank of Ghana into suspicious transactions relating to UT bank.

According to prosecution, UT Bank engaged in some off-balance sheet transactions log, issuing investment certificates to investors in the name of the bank.

The Prosecution said the amounts totalling GH¢51,334,387 and $8,612,829 were later transferred to UT Holdings.

The prosecution said investigations also discovered that 15 transactions were identified in respect of 12 institutions whose funds sum up to GH¢51,334, 387.00 and $8,612,829.33 with UT Holdings.

A Facebook pretender claiming to be Ghana’s Finance Minister, Ken Ofori-Atta, has been given a 12-month prison judgment with hard labor.

The case was finally heard on On Wednesday, 22 January 2020, where the victim known as Nuetey Latif Ahinguah, also known as Oliver and Emmanuel Asare, appeared before the Kaneshie Magistrate court in Accra for defrauding by false pretences.

According to news gathered by Ebosafo.com, an official document, Ahinguah and his accomplices began creating fraudulent Facebook accounts in 2018.

Aside from aiming Minister for Finance, they also created accounts in the name of National Security Minister, Albert Kan-Dapaah.

Check out more details below:

“The criminals used the accounts in defrauding unsuspecting people under the pretext of securing them employment, and cars to buy at very ridiculous or ‘give away’ prices”, read the document.

“Unsuspecting people fell prey to these criminals and transferred several amounts of money to the fraudsters on a given mobile money number”, the document continued.

The Magistrate court, presided over by Her Worship E.B. Botchway, sentenced the accused to serve a 12-month jail sentence after Ahinguah pleaded guilty for the offence of defrauding by false pretences.

Official security agencies say investigations are still ongoing in an attempt to arrest Ahinguah’s partners, among others, for fraudulent acts both within Ghana and abroad.

Since assuming office as Finance Minister, several fake social media accounts have been opened under the name of Ken Ofori-Atta or Kenneth Ofori-Atta. The Finance Minister has yet to open

Ghanaian thirty-eight-year-old driver,named Emmanuel Egoe, who was arrested driving under the influence of alcohol, with an expired vehicle documents has been arrested by the Divisional Motor Transport and Traffic Department (MTTD) in Tarkwa.

According to Sources close to Ebosafo.com, On January 17, this year, at about 1430 hours, Emmanuel was driving a Hyundai Elantra taxi cab with registration number GW 2730-11, from Tarkwa Na Aboso towards Kawerekaanano with a friend on board, Chief Inspector George Kwabena Osei an officer at the Tarkwa Divisional (MTTD) explained to the media.

On reaching a section of the road, Inspector Osei stated that he spotted Emmanuel from afar driving irresponsibly and suspected him to be drunk suddenly he bumped into an unregistered Nissan Juke and sped off.

The MTTD officer said he raced the suspect and arrested him and noted the suspect was drunk and therefore decided to check his breath with the Breathalyzer at the GoldFields Security check point at Tarkwa.

When the suspect’s breath was checked, it recorded 100 per cent instead of 0.08 and was re-arrested and processed to appear before court, he added.

One of the aircraft belonging to the Ghana Armed Forces is told to have crashed at the Air Force Base in Accra during a routine engine run exercise few hours ago.

An innitial investigation team has been set up to come up with a report within 48 hours Although there were no recorded losses.

At a  press announcement by the Director of Public Relations of the Ghana Armed Forces, Coloniel E. Aggrey-Quarshie stated that “the manufacturer of the aircraft, Airbus have been notified of the incident. They are expected to fly in a team to join their Ghanaian counterpart for a thorough assessment of the aircraft damage.”

Check out the Press release Below;