A Chinese businesswoman at the center of a US$3 million fraud controversy has announced her readiness to present crucial evidence in court to absolve Emmanuel Nii Ashie-Moore, the Greater Accra Regional Chairman of the opposition National Democratic Congress (NDC), of any wrongdoing.
Speaking at a press conference in Accra on Sunday, Liang Liubing, Managing Director of Foshan Yuejiawin Wire and Cable Co. Ltd, maintained that Mr. Ashie-Moore had no part in the alleged fraudulent activities involving her company’s funds.
According to Madam Liubing, all business dealings that involved herself, Mr. Ashie-Moore, and a third party, identified as Toh You Kang, a Singaporean national, were documented, and she is prepared to submit those records to a competent court of law.
“All transactions were properly documented,” she emphasized. “I have videos, photos, bank transfer records, and communication logs which confirm that Mr. Ashie-Moore was not involved in any fraud. The truth is in the documents, and I will share everything in court.”
She explained that due to a language barrier between herself and Mr. Ashie-Moore, Toh You Kang served as a translator and intermediary in the business negotiations.
Madam Liubing said that through this arrangement, she entrusted significant sums of money to Toh You Kang for business purposes, only to later discover that things had gone awry.
She disclosed that part of the evidence she holds includes bank transactions and screenshots of threatening messages allegedly sent by Toh to her and members of her family.
“These threats, which I have saved and intend to present to the authorities, show a clear pattern of intimidation. I want justice—not just for myself but for those whose names have been wrongfully dragged into this matter,” she told journalists.
She reiterated her commitment to pursuing legal action, adding that she is determined to ensure those responsible for the alleged fraud are held accountable.
“I came to Ghana as an investor, not to be misled or defrauded. I am ready to defend my integrity and that of others who are innocent,” she said.
Madam Liubing assured the public that she is working with her legal representatives to formally present her evidence before the court when the trial resumes.
Background of the Case
Toh You Kang, 33, has been charged by the police and put before the Dansoman Circuit Court for allegedly defrauding Madam Liubing of US$3 million, under the pretence of establishing a cable manufacturing business in Ghana.
He has pleaded not guilty.
According to prosecutors, Chief Inspector Christopher Wonder and Chief Inspector Kwadwo Aboagye, Toh used the reputation of Emmanuel Ashie-Moore to gain the trust of the investor.
Between May and August 2024, Toh reportedly proposed a joint venture with Ashie-Moore, leading to the Chinese businesswoman transferring funds to an account under Toh’s control.
Investigations later revealed that Toh allegedly absconded with the funds and falsely claimed to Liubing that Ashie-Moore had received the money.
He was arrested on May 28, 2025 upon arriving at the Kotoka International Airport.
The court, presided over by Her Honour Halimah El-Alawa Abdul-Baasit, remanded Toh into custody and directed investigators to expedite the process due to the significant financial and international dimensions of the case.
The matter has been referred to the Attorney General’s Office for further legal guidance.
Toh has secured GH¢10 million bail at the High Court, granting his temporary freedom to defend his case.
The case is scheduled to resume on July 31, 2025, pending the Attorney General’s advice.
