The Director of the Kessben Group of Companies, Kwabena Kesse has been remanded in police custody by the Circuit Court One of the Cocoa Affairs Court in Accra.
He was charged on two counts of money laundering and forgery of documents.
According to the State Prosecutor, Superintendent Francis Baah, the accused used false documents to ship money amounting to over $127 million to countries like Hong Kong, China, Thailand, etc.
Supt. Baah further prayed the court to give the prosecution more time to finish with investigations.
‘’He pleaded with the court to remand Mr. Kesse,’’ Citi News reporter, Umaru Sanda Amadu said.
Amadu explained that lawyer for the accused, Carl Adongo argued that the money was used for import and the goods are in the country.
‘’He also argued that the offences which are forgery and money laundering are bailable.’’
But Justice Obiri Boahene ruled that Mr. Kwabena Kesse be remanded until August 7, 2014.
The Bureau of National Investigations, BNI on Wednesday arrested the Director of Kessben Group of Companies for alleged fraud and money laundering.
Mr. Kesse is the Director of the Kessben Group of Companies: Kessben 93.3 FM, Kessben TV, Kessben Travel and Tours, Kessben Driving School, Kessben Shipping and Forwarding Ltd, Kessben Computer School, Fosua Hotel and Aseda Clinic. He is also the majority share-holder in Multi Credit Savings and Loans Ltd.
By: Evans Effah/citifmonline.com/Ghana