The High Court in Accra has adjourned the EXIM Bank case involving NPP Ashanti Regional Chairman, Bernard Antwi-Boasiako popularly known as Chairman Wontumi to July 27 to allow plea negotiations between the parties to continue.
The adjournment followed an appearance by both the prosecution and the defence, who informed the court that discussions were still ongoing.
Chairman Wontumi, has been charged with allegedly obtaining a GH¢14 million loan under false pretences for a farming project.
According to the prosecution, between 2018 and 2022, Chairman Wontumi and Thomas Antwi-Boasiako fraudulently obtained GH¢14.3 million from EXIM Bank under false pretences, using Wontumi Farms Limited as the vehicle for the transaction.
The charge sheet further alleges that Chairman Wontumi presented a forged receipt to EXIM Bank officials to support an application for an additional GH¢4 million facility.
He is also accused of knowingly benefiting from funds allegedly obtained through fraudulent means, forming the basis of a money laundering charge.
In addition, the prosecution alleges that the accused persons caused financial loss exceeding GH¢30 million to EXIM Bank through the transactions.
The accused, through their lawyers, have requested plea negotiations.
When the case was called on Monday, July 6 for an update on the negotiations, the prosecution informed the court that engagements were still ongoing.
The court subsequently adjourned the case to July 27.
