Woman Remanded for Allegedly Spending Nearly GH¢800,000 Mistakenly Transferred Into Her Account
Accra Circuit Court remands trader after nearly GH¢800,000 mistakenly credited to her account is allegedly spent and laundered
- Trader Constance Nimako allegedly spent GH¢770,500 of GH¢800,000 mistakenly transferred to her account
- She and her mother face charges of theft, money laundering, and abetment
- Authorities continue investigations to recover the remaining funds
Constance Gyasi Nimako, popularly known as Maa Adwoa, a trader, has been remanded by the Accra Circuit Court on charges of stealing and laundering funds accidentally credited to her bank account.
Nimako is accused of using GH¢770,500 out of GH¢800,000 that was mistakenly deposited into her Ecobank account. Reports indicate she transferred GH¢300,000 to her mother’s Fidelity Bank account, moved GH¢400,000 to her GCB Bank account, and withdrew GH¢70,500 in cash.
She faces allegations of theft and money laundering, while her mother, Cecilia Gyasi, is charged with assisting in money laundering. Both have pleaded not guilty.
Due to the gravity of the offenses and concerns over possible flight risk, Presiding Judge Mrs. Susan Eduful remanded Nimako in custody. Cecilia Gyasi was granted bail of GH¢500,000 with two family sureties earning at least GH¢2,000 monthly. The case will resume on July 7, 2025.
The prosecution explained that the complainant, a CEO with accounts at Consolidated Bank Ghana (CBG) and Ecobank, instructed a transfer of GH¢800,000 from his company’s CBG account to his personal Ecobank account for a business deal. However, he mistakenly provided Nimako’s Ecobank account details instead.
The money was deposited into Nimako’s account on February 6, 2025. When the complainant noticed the delay, he contacted CBG, which reached out to Ecobank to reverse the transaction. However, by February 11, Nimako had already transferred most of the funds, leaving only about GH¢29,778.47.
Attempts to recover the money failed as Nimako allegedly refused to return it. When police approached her, she reportedly insulted officers and went into hiding before being arrested in Kumasi. Her mother was arrested in Accra.
Investigations also revealed Nimako had told her mother about the funds and instructed her to withdraw the GH¢300,000 in her Fidelity Bank account.
Nimako claimed the money came from a foreign company she did not know and said she had used the funds to order goods that had yet to arrive. Authorities continue to trace and recover the remaining funds.
