News
Trader in court over 500-gallon cooking oil fraud
A trader has appeared before an Accra Circuit Court for allegedly collecting GH₵242,500 under the pretense of supplying 500 gallons of cooking oil but failing to deliver.
Samuel Owusu Amoako, 36, charged with defrauding by false pretenses, pleaded not guilty.
The court, presided over by Mr Samuel Bright Acquah, granted him bail of GH₵150,000 with three sureties.
The prosecution informed the court that Amoako brought GH₵50,000, which was handed over to the complainant.
The case was adjourned to June 2, 2025.
The prosecution said the complainant, Cornelius Kusi Amoako, is self-employed and resides at Baatsona, while the accused, who is unemployed, lives at Teiman.
On June 14, 2024, the accused allegedly demanded and received GH₵242,500 through his Fidelity Bank account—registered under the name J.S.B Logistics Limited at the Madina branch—under the pretext of supplying the complainant with 500 gallons of cooking.
Each gallon was priced at GH₵485 and was to be delivered to Dormaa-Ahenkro in the Bono Region.
After receiving the money, Amoako allegedly failed to supply the oil and went into hiding.
Efforts by the complainant to locate him proved futile.
In June 2024, Amoako directed the complainant to collect the oil from an individual named Ali in Dormaa-Ahenkro.
The prosecution stated that upon the complainant’s arrival in the town, the expected consignment was not available.
The complainant reported the matter to the Baatsona Police on March 27, 2025.
On April 20, 2025, he received information that Amoako had been arrested in Sampa, Bono East Region, for a similar offence.
With police assistance, Amoako was arrested and brought to Accra for investigations.
During interrogation, he admitted to the offence in his caution statement in the presence of an independent witness, the prosecution revealed.
–GNA
For generations of graduates, the University of Ghana has shaped some of life’s most meaningful moments.
It is where lifelong friendships were formed, marriages began, business ideas took shape, partnerships were built, entrepreneurs nurtured, and identities discovered.
UG became a shared home, one that inspired pride and a deep sense of belonging. Yet, as the years pass and life takes alumni into different careers, countries, and seasons, many gradually lose touch with the University and with one another.
On 28 May 2026, the University of Ghana will officially launch the University of Ghana Global Alumni Network (UGA Network) App, a digital platform designed to foster and strengthen lifelong connections between the University and its alumni worldwide.
The launch, scheduled to take place at the University of Ghana, marks a significant shift in alumni engagement and development, from fragmented, informal networks to a single, trusted, and official digital home for all Legonites.
For years, alumni engagement has largely depended on WhatsApp groups, social media pages, and independent alumni groups.
While these channels have kept conversations alive, they have also created fragmentation, making it difficult to maintain accurate records, share official updates, and mobilise alumni for mentorship, networking, and institutional development.
The UGA Network App was developed to address this gap.
It provides a secure platform where alumni can register, verify their alumni status, update their profiles, reconnect with classmates and year groups, and stay informed about university and alumni initiatives, all in one place.
At the heart of the UGA Network App is a simple idea: alumni should never feel like outsiders to the University they helped build.
Designed with alumni experiences in mind, the platform makes it easy to rediscover old bonds, build new professional relationships, participate in alumni events, and contribute meaningfully to the University’s advancement.
Whether a recent graduate navigating early career decisions or a seasoned professional seeking to give back, the app creates space for every alum to belong and participate.
The UGA Network App is the official alumni engagement platform of the University of Ghana, managed by the Institutional Advancement Directorate, in collaboration with the Information Technology Directorate.
Built on a verified and secure alumni database, the platform protects personal information while ensuring credibility and trust for users.
As the University prepares to unveil the UGA Network App, alumni are invited to register, reconnect, and belong.
The Bank of Ghana has directed Mobile Money Fintech Limited (MMFL) to suspend the implementation of its proposed 0.75 percent fee on direct wallet-to-bank transfers pending further consultations.
The proposed charge was scheduled to take effect on June 1, 2026.
In a press release issued by its Communications Department, the central bank said the decision to halt the implementation was to allow for further engagement on the matter.
According to the Bank of Ghana, the move forms part of efforts to ensure that any changes in charges within the mobile financial services sector are introduced fairly and in a way that protects consumers.
The Bank said it remains committed to safeguarding the financial wellbeing of users of mobile money and other digital financial services.
The proposed fee had generated public discussions ahead of its planned implementation date.
However, the Bank of Ghana did not indicate when a final decision on the proposed charge would be announced.
By: Jacob Aggrey
