GC Exclusive – Judgement In Kofi Adams’ Ghc 840,000 Fraud Case Against Businessman Arnold Asante Delivered As Arnold Is Found Guilty – Read Verdict

NDC stalwart Kofi Adams has won the fraud case he brought against businessman Arnold Asante for defrauding him out of Ghc 840,000.

Adams said he had given the sum to his friend after he came to beg him that he needed the money to fulfil a contract with Ashantigold.

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However, after receiving the money he failed to pay back despite repeated attempts to retrieve it.

A frustrated Kofi Adams thus dragged him to court and has now won the case.

As we reported back then, Arnold Kojo Asante, the CEO of IMAJIN Advertising, the company that organised the now defunct Legends and Legacy Ball was charged with defrauding a number of people including NDC’s National Organiser, Kofi Adams of GHC 840,0000.

An Accra Circuit Court issued a Bench Warrant for Arnold’s arrest–following his failure to attend court despite having been properly served and being aware of the court date. 

After the trial concluded, the presiding judge, Jane Quaye said the prosecution had managed to prove beyond a reasonable doubt that the accused misrepresented himself to the complainant Adams with the intent to defraud.

He was thus found guilty of defrauding by false pretences and sentenced to pay a fine of 2,000 penalty points (Ghc 24,000) or in default serve four years IHL.

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Read the full judgement below…

adams ruling

Source: GhanaCelebrities.Com


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