An Accra-based businessman, Joseph Amoah has been arrested by the Accra Regional Police for allegedly defrauding Ghana Football Association President Kwesi Nyantakyi of over $600,000 under the pretence of securing him a construction contract, Sportscrusader.com has gathered.

Amoah, popularly known as Joe is believed to be a long term friend and a business partner of the Ghana Football Association boss and the two are directors of PROKN COMPANY LTD, registered by the GFA boss.

Sources say both Amoah and Nyantakyi have collaborated in winning and executing several construction contracts over the years and have and even completed a road and school project at Bole in the Northern Region in mid 2014.

According to Sportscrusader.com investigations, Joe has been tendering for building and construction contracts whiles Nyantakyi provides the financial support in executing the contracts.

Amoah was arrested last week and has been arraigned before court for taking over GHc2million from Kwesi Nyantakyi to finance a project he bid at the Ministry of Works and Housing to lay pipes and construct roads in the Western Region of Ghana.

Witnesses say the President of the GFA was at the Accra Regional Police headquarters last week when the suspect was arrested for investigation.

The suspect, according to investigations, failed to win the contract and has since failed to pay the monies back the GFA president, leading to his arrest last week.

He is expected to appear before the Accra Commercial Court Two on Monday, September 14.