GRi in Court Ghana
17 - 08 - 2000
Ag.
MD before court over 70m cedis embezzlement in 14 days
Accra
(Greater Accra) 17 August 2000
He
is 35 years old, acted for 14 days as chief executive officer of Frank Field
Holding Limited and alleged to have embezzled 70 million cedis with in the
period.
Charles
Fynn, acting managing director was arraigned before an Accra Circuit Tribunal
on Wednesday charged with stealing. He pleaded not guilty and was granted 10
million cedi bail with one surety to be justified. He will reappear on August
29.
Police
Inspector Emmanuel Boison prosecuting told the tribunal chaired by Mr Immoro
Ziblim that the accused was put in charge of the company, which manufactures
domestic and industrial oxygen, when the substantive managing director Mr Frank
Nana Buah travelled outside the country.
The
prosecutor said on Mr Buah's return, he found that Fynn had misappropriated 70
million cedis.
He
said the accused person admitted taking the money, which he used to purchase cowries
and gold trinket to be sold in South Africa by a Liberian business partner. He
also used part of it to stake lotto.
Police
recovered only six million cedis from him.
GRi…/