Audio By Carbonatix
The Chief Executive Officer of Kessben Group of Companies, Kwabena Kesse, has been remanded by an Accra Circuit Court, Thurday.
The Kumasi based business man is being held for two counts of money laundering and forgery of documents, charges he pleaded not guilty to.
He is accused of illegally transferring $127,931,727.65 out of Ghana to dubious locations as well as forging documents to the bank to facilitate the transfer.
His lawyers went to court to apply for bail but the Presiding Judge, Mr Francis Obiri, dismissed the application.
The judge explained that the suspect is likely to interfere with police investigations if he were to be granted bail.
He however advised that the suspect must be allowed access to his lawyers and relatives.
He is to re-appear on August, 7 2014.
Latest Stories
-
Fastest World Cup to 100 goals in 68 years – are balls and breaks behind it?
31 minutes -
Gakpo and Brobbey at the double as Dutch sink Swedes
1 hour -
Colombia’s escalating, brutal internal conflict is defining its presidential election
2 hours -
Israeli strikes kill six people in Gaza including Al Jazeera cameraman, officials say
2 hours -
King Charles to reveal personal tax bill for first time as monarch
3 hours -
Substitute Undav scores twice as Germany reach last 32 with comeback win
4 hours -
How does qualification for the World Cup knockout stage work?
4 hours -
At least 15 migrant bodies wash ashore in eastern Libya, sources say
4 hours -
‘Electoral Commission appointments must come from parliament’ – Kofi Bentil
5 hours -
iLotBet launches exciting iPhone 17 giveaway for World Cup season
6 hours -
Man found dead after alleged attempted attack on church in Sefwi Asafo
6 hours -
SIC Insurance launches electric vehicles to advance green transition agenda
7 hours -
NHIA CEO urges students to prioritise health insurance and wellbeing
7 hours -
Elderly man rescued from drowning after clinging to coconut tree during Moree floods
7 hours -
Kpandai Assembly supplies maize to boarding schools ahead of lean season
7 hours