GH¢100k reward as EOCO hunts ex-bank manager over GH¢33m theft
The Economic and Organised Crime Office (EOCO) has declared a former bank official wanted in connection with the alleged theft of more than GH¢33 million from a Kumasi-based financial institution.
The suspect, Akwasi Agyemang-Abebrese, who served as a Customer Service Manager, is alleged to have orchestrated the multi-million-cedi scheme between November 2023 and February 2025.
According to EOCO, the alleged fraud involved diverting funds from the bank’s internal accounts and a Kwame Nkrumah University of Science and Technology (KNUST) Postgraduate Hostel account into personal accounts belonging to the suspect.
Ghana records 10% decline in job adverts – BoG report
Internal audits reportedly traced GH¢4.85 million directly to the student hostel’s funds.
The bank’s internal investigation further revealed that other employees, identified as “inputters,” processed 61 transactions amounting to GH¢29.7 million, all of which were allegedly approved by Agyemang-Abebrese.
The former manager is believed to have disappeared after being asked to produce documentation for questionable transfers.
In a letter dated March 7, 2025, the bank noted that he left the branch “in search of documents” and has since been unreachable, with his phone switched off.
EOCO has announced a GH¢100,000 cash reward for credible information leading to his arrest.
The public is encouraged to contact the EOCO Head Office on Barnes Road, Accra; any regional EOCO office; the nearest police station; or call 0256957742 / 0579709066.
SSD/MA
Watch the latest episode of Health Focus below
