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Court fines businessman

Court Mallet Law An Accra Circuit Court has fined Nana Kwadwo Ofosu Ayeh, a Ghanaian businessman, Gh¢240,000 or in default three years imprisonment in hard labour for forgery and defrauding an Indian businessman. The court also ordered Ayeh, the Chief Executive Officer of Europa Pee Company Ltd, to pay $220,000 to the complainant, Mr Mir Parveez Zia, the Director of Leela Trade Steel & Commodities Ltd based in India. Ayeh had been charged with three counts of defrauding by false pretences contrary to Section 131 of the Criminal Offences Act, 1960 (Act 29), forgery of official documents contrary to Section 158 of » Read More

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