The case involving the Former GREDA boss, Dr Alexander Kofi Tweneboah, charged with SIM Box fraud was on Tuesday transferred from the Magistrates’ court to the Fast Track High Court, Financial Division.

The case was therefore not heard but has been rescheduled for Tweneboah to reappear at a later date.

At the last sitting Tweneboah was granted bail by the Magistrates’ Court in the sum of GH¢50,000.00 with two sureties, one to be justified.

He is expected to also present himself at the Police CID Headquarters twice a week, on Mondays and Fridays.

Tweneboah, has pleaded not guilty to the charge of SIM box fraud.

He was arrested at his residence at Baatsona, Manet area, on January 15, where several items, including one SIM Box with 64-slot SIM server, 4G Internet Modem, 1 laptop computer and a mini antenna were retrieved.

Three persons namely, Emmanuel Kofi Essilfie, Edmond Essilfie and Kwaku Appiah were arrested but they denied knowledge of the gadgets and mentioned Tweneboah as the owner of the house and the equipment as well.

The prosecution said Tweneboah was, subsequently, traced and arrested.

He said Tweneboah claimed ownership of the equipment and admitted using them to terminate international calls illegally.

The ex-President of GREDA is among other culprits, who are currently in police grips.

The other culprits are Ebenezer Boateng, Victor Owusu, Kwadwo Asare and Kweku Appiah,

The rest are, Alvin Habib, Francis Abbey, David Ayitsi and Daniel Nehme, a Lebanese. The arrests were made in Koforidua, Accra, Baatsona, Kumasi, and Tema.

Some of the items retrieved from the operation include, SIM box equipment, SIM cards of the various telecommunication networks, computers, laptops, heavy duty batteries, internal antennas, ACP battery backup and internet routers.

Two of the victims are, however, on the run.