Kumasi businessman allegedly defrauds US based friend using EOCO as a bait

A Kumasi businessman, Mamud Sule, is alleged to have conspired with Hani Tikass to defraud his friend, Oscar Abdul Mumin, of thousands of dollars by fabricating a money laundering case involving the Economic and Organised Crime Office (EOCO).

According to court proceedings, Sule falsely claimed to be arrested by EOCO and demanded $60,000 for bail.

Mumin’s brother, Jamal Mohammed, reportedly handed over $30,000 to Tikass for Sule’s release.

Investigations revealed that the arrest was a ruse, and $245,500 had been withdrawn from Mumin and Sule’s joint project account without authorization.

Sule and Tikass, charged with fraud and money laundering, deny the allegations.

The court has granted them GH¢2 million bail each, with strict conditions. The case continues on December 12, 2024.