• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, December 13, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Accra Circuit Court Orders Arrest of a Banker over Stolen Cash

M.Cby M.C
October 14, 2021
Reading Time: 3 mins read
Bar

An Accra Circuit Court has issued a bench warrant for the arrest of a bank official who allegedly abetted with a businessman to steal a whopping $550,000 from his employers.

The court ordered the arrest of a 33-year old former worker of a bank, Kelvin Kwesi Koomson, for failing to appear before the court when the matter was called.

This is as a result of Kelvin Kwesi Koomson and Kwabena Boadi Adakwah, a businessman and also an accomplice, being charged for collaborating to steal from the former’s employer.

RelatedPosts

Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution

Dr Edward Botchway Crowned SSI Impact CEO as Absa Leads Ghana’s Social Investment Revolution

BoG Sets Stage for New Banking Era with Tough Standards for Non-Interest Institutions

Kwabena Boadi Adakwah, who appeared in court today, October 14, 2021 was granted a bail to the sum of GH¢3.5 million with three sureties to be justified.

This was after Adakwah, director of Links Field Ridge Reality Limited, pleaded not guilty to the charge of stealing.

Mr Lukman Ibrahim, an official at the head office of the Bank, in Accra, reported the matter to the police, the prosecution said. Kwabena Boadi Adakwah and Kelvin Kwesi Koomson were consequently charged of stealing.

ADVERTISEMENT

The matter has been adjourned to October 26 by the court, presided over by Mrs Evelyn Asamoah, who also ordered the prosecutor to serve the accused with her disclosures.

On the fact sheet, Adakwah approached Koomson on January 7, 2016, at the banking hall and requested for bank guarantees to be issued on behalf of Links Field Ridge Reality Limited as a security for a credit facility.

According to the prosecution, Adakwah was requested to deposit a cash to the sum of $550,000 as collateral. He therefore, went to MET Capital Group Limited to seek for help, and the money was quickly transferred into his account on January 8, 2016.

The agreement entered was that, he will have to refund the money to the MET Capital Group Limited should the transaction for the credit facility fail or the bank guarantee expires.

The Prosecutor noted that when the transaction did not materialise, Adakwah secretly went to Koomson and with Koomson’s approval, the money was withdrawn, and shared among themselves.

However, the Prosecutor said, the Bank upon realising that the money had been withdrawn, summoned Koomson for interrogation, but he could not give any tangible reason for what had happened.

The plaintiff, upon sensing that his money was gone, reported the matter to the Adabraka Police station.

On November 28, 2019, Adakwah was arrested and during interrogation he mentioned Koomson and he was also picked up to assist with the investigations. Koomson was later granted bail, but has since failed to appear before the court which led to the judge issuing arrest warrant.

The incidence of bank of officials engaging in robbery is on the ascendency in the country in recent times. Recently, Kwesi Ofori, the Acting Director-General of the Ghana Police Service Public Affairs Directorate revealed that a bank worker has been arrested in connection with the recent attacks on bank customers in the country after they withdraw huge sums of money. He further hinted that a lot of things happened after his arrest.  

 “Investigations are still ongoing and a bank worker was arrested. A bank worker, not necessarily a bank staff. We arrested him, and a lot has happened in that regard.”

Kwesi Ofori

READ ALSO: GCB Bank Supports VTIF with GHC50k

Tags: BankercourtKelvin Kwesi KoomsonKwabena BoadiStolen cash
Share5Tweet3Share1SendSend
Please login to join discussion
Previous Post

Ghana to Grow at 4.7% In 2021– IMF

Next Post

Bank of Ghana Warns Against Fraudulent “Worldremit” Scheme

Related Posts

Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution
Banking

Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution

December 12, 2025
Dr Edward Botchway Crowned SSI Impact CEO as Absa Leads Ghana’s Social Investment Revolution
Banking

Dr Edward Botchway Crowned SSI Impact CEO as Absa Leads Ghana’s Social Investment Revolution

December 12, 2025
BoG Sets Stage for New Banking Era with Tough Standards for Non-Interest Institutions
Banking

BoG Sets Stage for New Banking Era with Tough Standards for Non-Interest Institutions

December 12, 2025
Standard Chartered Secures Landmark $200m Clean Cooking Bond to Transform 415,000 Ghanaian Homes
Banking

Standard Chartered Secures Landmark $200m Clean Cooking Bond to Transform 415,000 Ghanaian Homes

December 11, 2025
Republic Bank Strikes Landmark Deal with SHC to Slash Ghana’s Housing Deficit
Banking

Republic Bank Strikes Landmark Deal with SHC to Slash Ghana’s Housing Deficit

December 10, 2025
WhatsApp Image 2025 12 09 at 12.52.42 PM 1
Banking

Access Bank Shocks Customers as ‘Fa Ketewa Bɛgyɛ Kɛseɛ’ Promo Ends With Massive Cash Giveaways

December 10, 2025
Asia

Iraq’s Efforts To Restore Security Lauded As It Marks End Of UNAMI Mandate

by Comfort AmpomaaDecember 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell
Entertainment

Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

by M.CDecember 13, 2025
Energy Efficiency Building
Extractives/Energy

Energy Commission Moves to Certify Building Efficiency with New Draft Regulations

by Prince AgyapongDecember 13, 2025
Economy

Ghana’s Productive Sectors Starve of FDI As Global Inflow Declines – UNCTAD

by Michael Teye-Bio NaduteyDecember 13, 2025
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry
Insurance

SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

by M.CDecember 13, 2025
Dr. Manaseh Mawufemor Mintah
Extractives/Energy

Lithium Deal: Ghana Must Resist Pressure to Run Blindly – Dr. Manaseh Mintah

by Bless Banir YarayeDecember 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell
Energy Efficiency Building
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry
Dr. Manaseh Mawufemor Mintah

Recent News

Guterres

Iraq’s Efforts To Restore Security Lauded As It Marks End Of UNAMI Mandate

December 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

December 13, 2025
Energy Efficiency Building

Energy Commission Moves to Certify Building Efficiency with New Draft Regulations

December 13, 2025
OIP 7 1

Ghana’s Productive Sectors Starve of FDI As Global Inflow Declines – UNCTAD

December 13, 2025
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

December 13, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address