A 33-year-old Ghanaian, Annan Andrew Essien, who was arrested by the Commissionerate of Police last year for cyber fraud, has been acquitted of all charges by a city court on Thursday.

Annan, a resident of Accra in Ghana, was arrested from Kanan Vihar on May 13 after he landed in the city to collect `10 lakh from an engineering graduate.

A case under Sections 420 (cheating), 419 (punishment for cheating by impersonation), and sections 66(A), (C) and (D) of the Information Technology Act was filed at Infocity police station in this connection.

Annan had allegedly collected `40 lakh in phases on the pretext of investing money for economic development of poor nations and promised high returns.