ModernGhana logo
21.04.2004 Football News

Former Kotoko chairman robbed

Listen to article

Accra, April 20, GNA - Two workers of Silver Crest Limited owned by Mr Sylvester Asare Owusu, former chairman of the Interim Management Committee (IMC) of Kumasi Asante Kotoko are alleged to have embezzled an amount of 92.532,000 million cedis belonging to the company.

William Hill, Sales Assistant and George Kojo Boateng, Operational Manager of the company pleaded not guilty to the charges of conspiracy to commit crime and stealing when they appeared before an Accra Circuit Court.

The two were granted a 200 million cedi bail each by the presiding judge, Mrs Jennifer Tagoe.

They are to reappear before the court on April 23.

The prosecutor, Deputy Superintendent of Police, (DSP) Eric Amoako told the court that the two took advantage of Mr Asare Owusu's inability to conduct regular stocktaking to commit the crime.

DSP Amoako said the two managed to embezzle the money by manipulating the stock book, which was later detected during a recent stock taking. Mr Asare Owusu in his tenure of office as the Interim Chairman of Kotoko led them to win their first ever premier league title last year. He however failed to get the nod as the substantive chairman of the club from the Board of Directors early this year.

Join our Newsletter