Kessben chief executive granted bail
The Chief Executive Officer of Kessben Group of Companies, Kwabena Kesse, who has been charged with two counts of money laundering and forgery of documents, was yesterday granted bail in the sum of GH¢350 million by the Accra Circuit Court.
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The accused, who has pleaded not guilty to the charges, is to provide four sureties, two of which should be justified as his bail condition.
He is also to deposit his passport with the registry of the court and to report once a week to the police investigator.
The case has been adjourned to October 20, 2014.
Kesse is alleged to have illegally transferred $127,931,727.65 out of Ghana to dubious locations within a period of 14 months and also forged documents to the bank to facilitate the act.
The presiding judge, Mr Francis Obiri, dismissed an application for bail when he was first arraigned on Thursday, July 31, 2014.
The court had explained that if granted bail, the accused person was likely to interfere with police investigations.
In agreeing to the application for bail submitted by his lawyer, Mr Carl Adongi, the Prosecutor, Deputy Superintendent of Police Mr Abraham Annor, requested the court to take custody of the accused’s passport, since he was a businessman and could travel out of the country at any time.
Kesse was arrested by the Bureau of National Investigations on Tuesday, July 29, 2014 at the Kotoka International Airport while returning from a trip abroad with his family.
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Writer’s email: victor.kwawukume@graphic.com.gh