A 28-year-old banker has appeared before the Adenta Circuit Court in connection with the alleged theft of GH¢1 million from a community bank.
Adjetey Isaac Noi, Branch Manager of Oyibi Area Community Bank PLC, is accused of reactivating a dormant customer account and allegedly using it as a transit account to transfer funds to several accounts at different banks.
The alleged offences are said to have occurred between March and September 2025.
Noi has been charged with stealing and has pleaded not guilty to the charge.
The court, presided over by Mrs Angela Attachie, granted him bail of GH¢1 million with two sureties, who are required to justify the bail with landed property.
Defence counsel urged the court to grant bail, arguing that the accused was not a flight risk and had a fixed place of residence at Dodowa in the Greater Accra Region.
The case has been adjourned to February 17, 2027.
Presenting the facts, Chief Inspector Maxwell Lanyo said the complainant is the Head of Audit and Inspection at ARB Apex Bank PLC, while the accused was the Branch Manager of Oyibi Area Community Bank PLC.
He said on September 28, 2026, the complainant and a team of auditors visited the Oyibi branch to conduct an audit and inspection following intelligence about alleged fraudulent transactions at the branch.
During the exercise, the auditors allegedly detected a transfer of GH¢1 million from the bank’s internal account into account number 3061110010021221, held in the name of Nii Adjei Sowatey, at the same bank.
The audit team immediately informed the bank’s head office, which directed the complainant to lodge an official complaint with the police.
The prosecution said Noi was subsequently arrested but failed to provide a satisfactory explanation for the transfer of the funds during police interrogation.
Investigations, the court heard, revealed that the accused allegedly reactivated the dormant account without the account holder’s consent and used it as a transit account to channel the funds to various accounts in other banks.
Noi was unable to account for the transfers during investigations, the prosecution said.