Ecosafe Manager Charged for Stealing Cash

THE PUBLISHER is keenly following the case in which Operations Manager of Ecosafe Ghana Limited, a collateral management company, has been hauled before an Accra Circuit Court for allegedly stealing various amounts of money belonging to EM Capital Partners Limited.

The accused, Maxwell Osei Owusu, a Consultant is reported to have stolen the cash between April and May 2016 in Accra.

It is the case of the prosecution, that Maxwell on April 7, 2016 stole GHC 9,740.50 belonging to the company.

On April 19, May 10 and May 16 the same year, the accused is reported to have stolen GHC 8,999.38 respectively.

Maxwell have been slapped with an additional charge of threat of harm.

According to the prosecution, the accused on April 13, 2016 threatened one Michael Ashong and Evelyn Oye Asante when he said “If I get you, I will deal with you and I know your house” which put the two into fear of harm.

Appearing before the court presided over by Malike Woanyah, Maxwell was admitted to bail in the sum of GHC 50,000 with two sureties one to be justified.

As part of the bail condition, he is to drop his passport with the registrar of the court and report to the police every two weeks.

The facts of the case are that Ecosafe, is a collateral management company that operates warehouse services in Tema was owned by Samuel Owusu, father of the accused.

EM Capital invested in various corporate bonds issued by Ecosafe from 2011 to March 2015 and failed to pay back the matured corporate bonds to the tune of GHC10.7 million that had been before an Accra high court.

The court subsequently garnisheed all Ecosafe bank accounts and also ordered that the properties of the company be auctioned.

The prosecution said Maxwell being aware of the suit and the judgment of the court went to the tenants of the warehouses, threatened them and got them to issue cheques for rent for the use of the warehouses.

In the process the accused collected the aforementioned cheques issued in the name of Ecosafe with the said face values and paid same into his personal account at Royal Bank.

Various attempts by the complainant to get Maxwell to explain why he paid the cheques into his bank account was met with various insults and threatening words. – MORE SOON.

Source: Jeffrey De-Graft Johnson/ thePublisher