CEO in court over fraud charge

Aisha Yakubu
0

We have recently witnessed a case involving Prince Hardi Adams, the Chief Executive Officer of Northern Youth for Peace and Development, who has been brought before an Accra Circuit Court on allegations of defrauding a woman of GHC225,999.94 and $1,800. These allegations are indeed serious and warrant thorough investigation and legal proceedings.



According to reports, Adams, who is also a businessman, is accused of collecting the aforementioned sum from Charity Atiim under the false pretense of supplying her with significant quantities of essential food items for schools in the Northern Region. The items in question included 1,000 bags of 50 kg rice, 50 gallons of edible oil, and 30 bags of sugar.


Adams has pleaded not guilty to the charge of defrauding by false pretense, and his legal counsel has requested bail on his behalf. The court has granted bail in the sum of GHC300,000 with two sureties, while also ordering the prosecution to adhere to the rules of disclosures.


The prosecution, led by Assistant Superintendent of Police (ASP) Seth Frimpong, has provided detailed information regarding the sequence of events. It is alleged that Adams, in his capacity as the CEO of Northern Youth for Peace and Development, approached Charity Atiim and proposed a business arrangement related to supplying food items to schools in the Northern Region. Subsequently, a significant sum of money was handed over to Adams for the purported procurement of the specified food items.


However, it is claimed that Adams failed to fulfill his end of the agreement and subsequently went into hiding after collecting the funds. Following this development, the complainant sought intervention from the appropriate authorities, leading to Adams' arrest.


During the course of investigations, it was reportedly discovered that Adams could not provide any evidence of contractual agreements or supply arrangements with schools as claimed. This has raised serious doubts about the legitimacy of his purported business activities in this context.


This case underscores the importance of due diligence and caution in business dealings, particularly when it involves financial transactions and contractual commitments. It also serves as a reminder of the legal recourse available to individuals who have been allegedly defrauded or misled in commercial ventures.


The matter has been adjourned to April 16, 2024, and it is imperative that all relevant parties cooperate fully with the legal process to ensure a fair and just resolution. As the case unfolds, it will be essential to uphold the principles of transparency, accountability, and adherence to the rule of law.


We will continue to monitor this case as it progresses through the judicial system, and we trust that justice will be served in accordance with the law.



-source GNA | curated by Aisha Yakubu | Ghana Crimes

Tags

Post a Comment

0Comments

Post a Comment (0)