The Accra Circuit Court has granted bail to businessman Hamza Ali, 47, set at GH¢2 million, with two sureties, one requiring justified landed property.
Ali faces charges of defrauding fellow businessman Gideon Oppong of $105,000 under the Criminal Offences Act.
The alleged fraud occurred on May 23, 2024, when Ali promised to exchange the funds into cedis through a Forex Bureau account.
After receiving the money, Ali failed to deliver and became uncontactable, leading Oppong to file a police complaint.
Ali was arrested on July 23 and will appear in court again on October 14, 2024.
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