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Accra businessman granted GH¢500,000 bail over alleged GH¢480,000 fraud involving BEL-AQUA contract claim

Accra businessman granted GH¢500,000 bail in a high-profile GH¢480,000 fraud case involving a BEL-AQUA contract claim.

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Businessman dragged to court over GH¢480,000 fraud

Anthony Appiah, a 44-year-old businessman from Accra, was granted bail of GH¢500,000 after he faced charges of defrauding a businesswoman of GH¢480,000. The Accra Circuit Court admitted him to bail with two sureties, one required to be a public servant earning at least GH¢4,000.

Appiah pleaded not guilty to allegations of defrauding by false pretences. The prosecution, led by Deputy Superintendent of Police Emmanuel Nyamekye, said the complainant, whose name was not disclosed, is a businesswoman resident in Accra.

According to court records, the incident dates back to May 2025. Appiah had visited the complainant’s home and claimed to have secured a distribution contract with BEL-AQUA Company. He told her he needed $50,000 to execute the contract and asked for financial support, promising to repay the money within two weeks.

The complainant gave Appiah GH¢480,000, but after the two-week period passed, he did not refund the money. Suspicious, the complainant contacted BEL-AQUA Company to verify the contract. The company told her Appiah had no contract or formal engagement with them.

After attempts to recover the money failed, the complainant reported the matter to the police, who arrested Appiah. Investigations confirmed BEL-AQUA Company had not awarded any contract or hired Appiah in any capacity.

The court’s bail conditions require Appiah to produce two sureties, including one public servant earning at least GH¢4,000. The case will continue in the Accra Circuit Court as the investigation proceeds.


According to Joy Online.

Isaac Nana Yaw Annor

Isaac Nana Yaw Annor, popularly known as King Bygone, is a Ghanaian blogger, publicist and digital publisher, and the editor of Accra Posts. He started out with an entertainment blog, wrote more than 389 articles for Opera News, and worked alongside broadcaster Abeiku Santana on media and publicity from 2016 to 2024. He founded The Gospel Post, We Post Weddings, Nsemwokrom, AfroYard and Culture Gossip, and is a certified software engineer (ALX Africa). Avance Media named him among the Top 50 Ghanaian Bloggers in 2022, 2023 and 2024.

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