Christopher Arthur
A relationship manager at a private bank, Christopher Arthur, has landed himself in trouble for allegedly stealing a whopping GH¢12 million from a client’s accounts, GH¢600,000 of which was blown on online sports betting.
Christopher has been hauled before a Circuit Court in Accra, charged with stealing, to which he pleaded not guilty.
Court documents indicate that the accused person managed the accounts of a businessman at the bank’s Haatso branch in Accra.
He is also accused of forging bank statements and manipulating the bank’s account records to conceal unauthorised transactions.
His lawyer had prayed the court to grant him bail pending the trial. The prosecution did not oppose the request.
The court, presided over by His Honour, Eyram Fumey, admitted him to bail in the sum of GH¢12 million with four sureties, three of whom must be justified.
Christopher Arthur is to reappear before the court on May 26, 2026, for a Case Management Conference. The prosecution was directed to file all disclosures before the next hearing.
Prosecution’s brief facts presented by Chief Inspector Jonas Larwer, indicate that the complainant, who is a businessman, opened three accounts at the bank in 2023 for his company, C.T and C Limited.
All three accounts were placed under the management of Christopher Arthur.
The facts state that in January 2026, the complainant detected irregularities in the accounts and raised concerns with Arthur.
Further checks revealed that a total of GH¢12 million had allegedly been misappropriated.
According to the facts, when the accused was confronted on March 8, 2026, he attempted to mislead the complainant by generating a forged internal bank statement to conceal the discrepancies.
The document was later discovered to be falsified.
Realising he had been exposed, the accused reportedly admitted to the wrongdoing and made partial repayments, with an initial cash payment of GH¢94,000 and an additional GH¢1,195,900 four days later.
The complainant later reported the matter to the police at Baatsonaa on March 25, leading to Arthur’s arrest.
Chief Inspector Lawer further told the court that investigations have uncovered that the accused spent part of the stolen funds – GH¢600,000 on online betting platform.
He also stated that the fraudulent scheme dates back to April 2025 and involved accomplices, including individuals identified as Gyamfua Obaayaa and Abigail Thelma, both believed to be based in Kumasi.
The suspects allegedly syphoned over GH¢846,000 from the complainant’s accounts through accounts linked to them.
The facts point out that several assets believed to be proceeds of the crime, including a Toyota Corolla, a Hyundai Elantra, an Apple laptop, and GH¢481,800 in cash have been retrieved so far.
Police investigators have also traced additional suspicious withdrawals amounting to GH¢7.5 million through accounts held at other banks under the name Adafia Caeser Shadrack.
Chief Inspector Lawer added that efforts are ongoing to secure court orders to access further banking records and to apprehend other suspects linked to the alleged scheme.
BY Gibril Abdul Razak