BoG refunds GH¢133,000 to Assembly


The Bank of Ghana has refunded an amount of GH¢133, 000 to the Ahafo Ano South District Assembly in the Ashanti Region, being part of the money reportedly stolen from the assembly’s account four months ago.

The National Investment Bank (NIB) is also expected to refund an amount of GH¢100,000 to the assembly.

A total of GH¢230,000 was detected missing from the District Development Fund (DDF) account at both the Bank of Ghana and NIB early this year .

According to the Ahafo Ano South District Information Officer, Gyamfi Osei-Opoku, the Central Bank refunded the amount on August 22, 2016

He told The Mirror in an interview that though the Mankranso District Police Command arrested some suspects in connection with the theft, the Bank of Ghana had refunded the amount for authorising the payment of a cheque for GH¢133,000.

He said the assembly was patiently waiting to receive the last part of the amount from the NIB.

It would be recalled that two accounts officers of the assembly were arrested in connection with the crime to assist the police in their investigations into their alleged involvement in the transfer of GH¢133,000 from the assembly’s account into another account.

The suspects – Felix Fordjour and Basoa Kodua – were later released on bail pending investigations.

The amount was said to be the assembly’s share of the District Assemblies Common Fund (DACF) for the third quarter of 2015.

The deal was uncovered after the assembly’s accounts were audited by its auditors and the Bureau of National Investigations (BNI).

The suspects were believed to have forged the signatures of the district finance officer and the co-ordinating director before transferring the money from the assembly’s account.


Source: GraphicOnline