An Accra Circuit Court has granted bail in the sum of GH¢2 million to a 42-year-old businessman, Abdul Hayyu Oudou, who is standing trial for allegedly defrauding a Chinese businessman of over GH¢1.1 million and US$1,900 under the pretense of facilitating international payments.
The court, presided over by Her Honour Evelyn Asamoah sitting as a relieving judge, ordered that the bail be executed by four sureties, three of whom must be gainfully employed.
Additionally, the accused has been instructed to deposit his passport at the registry of the court.
Abdul Hayyu Oudou, who pleaded not guilty to the charge of defrauding by false pretenses, was arraigned on Tuesday, July 30, 2025.
The prosecution, led by Chief Inspector Ebenezer Teye-Okuffo, has been directed to file all disclosures and witness statements by August 12, 2025, the date set for the next hearing.
According to court documents, the complainant, Guo Yao, is a Chinese businessman residing in Ghana.
In May 2023, he initiated transactions with two companies—Sinopec Lubricant Singapore Pte Ltd and Shanghai Janhong New Material Technology Co. Ltd—for the supply of painting materials and oil.
The accused, known for operating a forex trading business at Rawlings Park in Accra, allegedly offered to facilitate the international payments on the complainant’s behalf.
On May 17, 2023, the complainant reportedly handed over GH¢1,141,510 and US$1,900 in cash to the accused for the purpose of transferring the funds to the respective companies in Singapore and China.
Shortly after, the accused presented bank swift receipts purportedly confirming the transactions made through Guaranty Trust Bank Ghana Ltd.
However, Guo Yao later discovered that the suppliers had not received any payments. Further inquiries revealed that the swift receipts provided by the accused were falsified. A formal complaint was lodged with the police, leading to the arrest of Abdul Hayyu Oudou.
During the investigation, the accused claimed he had passed the funds to an individual known only as “Frank” to complete the transactions and that the forged receipts were provided by the same individual.
Despite this claim, the accused failed to assist authorities in locating the said Frank.
Following the conclusion of police investigations, the accused was charged and brought before the court to answer for the alleged fraud.
