An Accra Circuit Court has granted bail of GH₵2,000,000 to Hamza Ali, a businessman, who faces charges of defrauding another businessman by false pretence.
The 47-year-old allegedly obtained $105,000 from his victim under the pretense of converting it into the equivalent of GH₵1,627,500 but failed to deliver.
Presiding over the case, His Honour Samuel Bright Acquah set the bail conditions, requiring Ali to provide three sureties, with one surety possessing verified landed property.
The case has been adjourned to October 21, 2024.
The prosecution, led by Chief Inspector Daniel Danku, revealed that the complainant, Mr. Gideon Oppong, a businessman residing in Kokomlemle, Accra, approached Ali on May 23, 2024.
Oppong’s business partner sought to send money and asked Ali if he would accept U.S. dollars.
Ali responded by providing his foreign account number.
According to the prosecution, the business partner transferred $105,000 into Ali’s account, with Ali assuring that this amount would yield the equivalent of GH₵1,627,500 for Oppong.
However, after the transfer was completed, Ali began to delay the promised conversion, ultimately going into hiding.
On July 18, 2024, Oppong lodged a complaint with the police, leading to Ali’s arrest on July 23, 2024.
During questioning, Ali reportedly admitted to the allegations and requested additional time to contact a friend named Emmanuel, whom he claimed owned the account used for the transaction.
The prosecution confirmed that investigations are still ongoing.
