Audio By Carbonatix
An Accra Circuit Court has sentenced an Indian national, Shubham Sharma, to five years’ imprisonment for possessing forged foreign and local currencies.
The court heard that Sharma, a manager, had in his possession fake GH¢200 notes totalling GH¢1,976,000 and counterfeit US$100 notes amounting to US$191,900.
He was found to have dishonestly appropriated his employer’s money and replaced it with forged notes.
The prosecution, led by Chief Inspector Wisdom Alorwu, told the court that the complainant, a businessman and Chief Executive Officer of a company that manufactures air fresheners, reported that Sharma, a former manager of the firm, had replaced genuine cash with counterfeit notes.
The court, presided over by Mr Joseph Yennuban Kunsong, sentenced Sharma to four years’ imprisonment for possessing fake local currency and five years for possessing fake foreign currency. The sentences are to run concurrently.
Sharma had already spent more than nine months in custody before the sentencing.
The court also ordered officials of the Ghana Police Service, the Bank of Ghana and the Registrar of the court to ensure the destruction of the forged notes.
In addition, it directed that Sharma be deported after serving his prison sentence.
According to the prosecution, investigations revealed that Sharma, who was responsible for receiving and keeping company cash, broke into his employer’s safe while the businessman was on a trip abroad and replaced unspecified amounts of genuine US dollars with counterfeit notes.
Further checks at the company also showed that Sharma had substituted large sums of Ghana cedis with fake GH¢200 notes.
The Bank of Ghana later confirmed that the seized notes were counterfeit.
During investigations, Sharma admitted to keeping the forged notes in the office.
Latest Stories
-
Stop waiting for government jobs – GUTA urges youth to embrace self-employment
35 minutes -
Business climate improving as stability returns – GUTA Vice President
49 minutes -
Post-IMF era could test Ghana’s economic gains – AGI Chief warns
52 minutes -
2026 BECE: Methodist Bishop urges stakeholder support to stem malpractices
56 minutes -
Binduri attack: Arrests rise to 21 as military intensifies manhunt
1 hour -
Atwima Nwabiagya South MCE moves to tighten accountability after audit infractions
1 hour -
Poultry farmers in Nkoranza appeal for more chicks, under Nkoko Nketenkete initiative
1 hour -
Court remands fugitive over alleged stealing, assault on elderly woman
1 hour -
Ketu North MP to award new classroom projects
1 hour -
ECG announces temporary power curtailment in Volta, Oti
1 hour -
‘We are coming after you’ – Bono Minister to cocoa smugglers
1 hour -
COCOBOD anti-smuggling unit arrests four suspects, impounds over 100 bags of beans
1 hour -
Vendors commend GAWU for creating market access at trade fair
1 hour -
Obuobia Darko-Opoku calls for integrated approach to cardiometabolic diseases at CREATE launch
2 hours -
Afadzato South rice farmers appeal for urgent remedies to prevent post-harvest loss
2 hours