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Business News of Tuesday, 9 March 2004

Source: GNA

CEO of financial institution charged with stealing.

Sekondi, Mar. 9, GNA- Mr. James Aboagye-Nyamekeh, the Chief Executive Officer (CEO) of "It's Well Ventures", a Savings and Loans Company based in Takoradi, was on Tuesday granted two billion cedis bail with a surety to be justified by a Sekondi High Court for allegedly stealing over One billion cedis belonging to the company.

His plea was not taken.

Mr. William Pobee, a Principal State Attorney did not present the facts of the case and appealed to the court presided over by Mr. Justice Clemence J. Honyenugah, to adjourn the case to March 16 for continuation.