A Relationship Manager at a private bank, Christopher Arthur, has been arraigned before a Circuit Court for allegedly stealing GH¢12 million belonging to a businessman whose account he managed.
According to reports, Arthur allegedly diverted funds over time and used about GH¢600,000 on SportyBet, an online sports betting platform.
He is also accused of forging bank statements and manipulating account records to conceal unauthorised transactions.
Investigators say Arthur later admitted to the offence during interrogations and made partial refunds of the stolen amount.
Authorities have since retrieved some assets suspected to be proceeds of the alleged crime, including vehicles and cash.
Further investigations reportedly revealed that while part of the money was used for online betting, other portions may have been channelled elsewhere, with suspected accomplices currently being tracked by law enforcement.
Appearing before the Circuit Court on Thursday, presided over by His Honour Eyram Fumey, Arthur pleaded not guilty to the charge of stealing.
He was granted bail in the sum of GH¢12 million with four sureties to be justified, three of whom must be persons of substance.
The case has been adjourned as investigations continue.
