Beige Bank CEO Never Received Nor Stole Funds Belonging To The Bank - Investigator Tells Court  | General News

“Throughout all your investigations, did you find out if any of the funds transferred to Alberry (a company of which the accused is a Director) was ever paid to the accused person directly?” , Lawyer Sory asked the investigator.

In his response, ASP Atsah, said; “No my lady, there was no record or evidence of any funds being disbursed to the accused in his personal capacity  however our investigations revealed that the accused was a shareholder of Alberry Ltd, the entity that received the funds." 

It was the case of Mr Sorry that, under Count One of the charge sheet, the accused is alleged to have stolen an amount of GH¢5,240,000 described as the property of the Beige Bank which he (accused) caused it to be transferred to a related company called Alberry Company Limited.

Mr Sory further said; “If one is a Director or shareholder of a company, it does not mean monies paid to that company on account of transactions it has had with a third party can be said to have been stolen by a Director or shareholder of that recipient company."

ASP Atsah, in his response said, “Per the assertion of counsel, that is correct.”

Again, the witness confirmed that reviewing the bank statements of Alberry Ltd together with the underlying payment vouchers, there was no evidence that any payment of funds was ever made by Alberry to the accused.