The Adenta Circuit Court has granted bail to a 28-year-old bank manager standing trial for allegedly stealing GH¢1 million belonging to Oyibi Area Community Bank PLC.
The accused person, Adjetey Isaac Noi, who was the Branch Manager of the bank, is alleged to have diverted the amount through a dormant customer account.
He is facing a charge of stealing. He pleaded not guilty when he appeared before the court presided over by Mrs. Angela Attachie.
According to the prosecution, the alleged crime took place between March and September 2025.
The court admitted Noi to bail in the sum of GH¢1 million with two sureties. The court ordered that both sureties must be justified with landed property.
His lawyer, in an application for bail, told the court that his client has a fixed place of abode at Dodowa in the Greater Accra Region and will not abscond if granted bail. The court upheld the application.
The case has been adjourned to February 17, 2027.
How The Alleged Fraud Was Uncovered
Presenting the brief facts of the case, the prosecutor, Chief Inspector Maxwell Lanyo, said the complainant is the Head of Audit and Inspection at ARB Apex Bank PLC.
He told the court that on September 28, 2026, the complainant led a team of auditors to conduct a special audit and inspection exercise at the Oyibi branch of the Community Bank following intelligence about suspected fraudulent transactions.
During the audit, the team allegedly uncovered a suspicious transfer of GH¢1 million from the bank’s internal account into an account number 3061110010021221 belonging to one Nii Adjei Sowatey at the same bank.
The auditors immediately alerted the head office of the bank, which instructed them to file a formal complaint with the police.
Chief Inspector Lanyo said Noi was subsequently picked up by the police for questioning but could not give a satisfactory explanation for the movement of the funds.
Preliminary investigations, he said, established that the Branch Manager allegedly reactivated the dormant account of the customer without his knowledge and consent, and used it as a conduit to transfer the money into several accounts in different banks.
The prosecution added that the accused was unable to account for the transfers during interrogation.
Investigations into the matter are ongoing.
