This blog is managed by the content creator and not GhanaWeb, its affiliates, or employees. Advertising on this blog requires a minimum of GH₵50 a week. Contact the blog owner with any queries.
Former Sales Manager faces court over diversion of company funds
A former Sales Manager of Kunda Manufacturing and Trading Limited (KMTL), Ending Wang, has been hauled before an Accra Circuit Court for allegedly diverting GH¢343,000 belonging to his employer into his personal accounts.
Wang has been charged with stealing and possession of forged documents. He pleaded not guilty to all counts.
The court granted him bail in the sum of GH¢400,000, with sureties who earn not less than GH¢4,000. As part of the bail conditions, Wang was ordered to deposit his passport with the court registry. The case has been adjourned to January 12, 2026.
Prosecution’s case
Presenting the facts, Chief Inspector Wisdom Alorwu told the court that the complainant, Wu Jiannan, is the Financial Manager of KMTL. The accused, a Chinese national, previously worked as the company’s Sales Manager and lived at Spintex in Accra.
According to the prosecution, on September 12, 2024, KMTL sold a truck head and a 6×4 reinforced tipper truck to Wilago Enterprise on a credit arrangement valued at $153,000. Under the agreement, Wilago Enterprise was to pay an initial deposit of $76,500, followed by monthly instalments of $6,375 over 12 months, with all payments directed into KMTL’s Ecobank and Access Bank accounts.
However, in July 2025, KMTL’s Finance Department detected irregularities after Wilago Enterprise defaulted on several instalments. Further checks revealed that the customer had instead paid a total of GH¢343,000 into Ending Wang’s personal bank and mobile money accounts.
Arrest and investigations
The prosecution said Wilago Enterprise disclosed that the payments were made on the direct instruction of Wang. This prompted KMTL to file a formal complaint with the Police on October 7, 2025, leading to the arrest of the accused.
Court orders served on Ecobank Ghana Limited and MTN Ghana Limited showed that GH¢50,000 was paid into Wang’s mobile money account, while GH¢293,000 was deposited into his Access Bank account.
Investigators also found a forged sales agreement in Wang’s possession, purporting to show a separate transaction between KMTL and Wilago Enterprise for a four-axle flatbed truck.
A forensic audit conducted by Ashong Nkrumah and Associates concluded that Wang dishonestly appropriated GH¢343,000, forming part of the proceeds from the sale of the truck head and tipper truck.
The court is expected to continue hearing the matter at the next adjourned date.
