Four Rural Bank Staff Steal GH¢141k

The Management of Anum Rural Bank in the Asuogyaman District of the Eastern region has initiated processes to retrieve about GH¢141,498.00 stolen by four staff of the bank.

The indicted former staff – Stephen Akoto (dispatch Rider), Eunice Avadzie (Cashier), Rosedarling Appiah Kubi (Cashier) and Georgina Dzramado (Susu Collector) reportedly committed the financial fraud separately in 2018 which were detected after an internal audit.

According to management of the bank, Stephen Akoto stole GH¢9,000 depositors savings, while Eunice Avadzie allegedly stole GH¢89,840. Rosedarling Appiah Kubi is also accused of illegally withdrawing GH¢23,721 while Georgina Dzramado took away total of GH¢18,937.

While Eunice Avadzie and Rosedarling Appiah Kubi are before Odumase Krobo Circuit Court, the rest have admitted and agreed to refund the monies in installments making initial total payments of GH¢20,050 .

Despite of this financial infraction and the challenges in the Banking Industry that threatened the sector, Anum Rural Bank performed well recording a net profit before tax of GH¢1,068,834.00 compared to the 2017 figure of GH¢767,617 an increase of 39.24%.

According to the Chairman of the Board of Directors-Daniel Adu, said, the Stated capital of the Bank has also rose to GH¢1,917,253.00 an increase of GH¢1,320,225.00 in 2017, a growth of 45.22% due to transfer of GH¢500,000.00 in 2017 from income surplus to equity account and acquisition by shareholders.