Samuel Kwasi Hlo, a salesman accused of misappropriating cash of GH¢111,591 belonging to Auto Avenue Enterprise, has appeared before the Dansoman Circuit Court.

Hlo is also said to have stolen auto parts totalling GH¢144,313 belonging to the firm.

Charged with two counts of stealing, Hlo has pleaded not guilty.

The court presided over by Halimah El-Alawa Abdul-Baasit, admitted him to bail in the sum of GH¢300,000 with three sureties, two must be public servants earning not less than GH¢5,000.

The sureties must live within the jurisdiction of the court, one of whom must justify the bail with immovable property with title deeds, worth the value of the bail sum.

The accused is also to deposit his Ghana Card at the registry of the court and report once every week.

It directed the prosecution to file disclosures and witness statements and adjourned the matter to March 7, 2025.

Prosecution, led by Chief Inspector Kwadwo Aboagye, said the complainant Makella Amevenu, is the Managing Director of Auto Avenue Enterprise and deals in assorted auto parts at Dansoman Exhibition Roundabout.

It said the accused person, Samuel Kwasi Hlo, was the salesman of the company and had been working there for the past seven years.

In 2023, the accused person brought his son to the company to work there without the knowledge or consent of management, the prosecution said.

This action brought a misunderstanding between him and the company’s driver, leading to the suspension of the accused by the management.

The Management decided to carry out an audit of their accounts, which was done from January 4, 2021 to October 3, 2023.

It revealed that the stock issued to the accused person, valued at GH¢111,591.40 could not be traced or accounted for, and cash of GH¢144,313.90, which were monies paid to the accused by customers, were also missing and he could not account for same.

The court heard that on February 9, 2024, the accused person was arrested and handed over to the Dansoman Police for investigation.

He was granted police enquiry bail to sit with the management to do a reconciliation of the accounts.

“The audit work commenced and at a point, the accused realised the funds he had misappropriated,” the prosecution said.

The accused, thus, jumped bail and went into hiding. His surety was served with a forfeiture to produce him.

On February 6, 2025, the surety brought the accused person to the investigator and held, the accused was arraigned.