A 30- year old businessman has been remanded in police custody by the Agona Swedru Magistrates’ Court for duping over 120 people under the pretext of granting them loans.
Matthew Frank Asmah, who claims to be the Chief Executive Officer (CEO) of MAF Construction and Loans Company Limited CEO, plea was not taken and would re-appear in court on March 9, 2015.
[contextly_sidebar id=”x50a7lDwe4kN0D01kq4tsCZwMAWidmga”]Prosecuting, Sergeant Chara Nasir Salia, said the accused person went round with loans forms from some banks to convince church members in the area under the pretext of giving them loans.
The Prosecution further stated that the accused person also collected GHC40 each from over 110 people as registration to qualify for the loan.
The accused after collecting the said amount went into hiding and was arrested on February 9, 2015, at his hide out at Apam in the Gomoa West district upon a tip off.
Prosecution pleaded with the court to remand the accused for one week to enable the prosecution to continue its investigations since more people, who fell victim to the accused, were still lodging complaints against him.
By: Kojo Agyemang/citifmonline.com/Ghana