Larkwor Diaries

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Banker Allegedly Steals GH¢12m and Blows GH¢600K on Online Betting

Christopher Arthur, a Relationship Manager at a private bank, has been arraigned before a Circuit Court for allegedly stealing GH¢12 million belonging to a businessman whose account he managed.

According to reports, Arthur used GH¢600,000 of the stolen amount on Sporty Bet, an online sports betting platform. He is also accused of forging bank statements to conceal the transactions. However, he later admitted to the offence and made partial refunds.

Authorities have since recovered some assets believed to be proceeds of the crime, including vehicles and cash. Further investigations revealed that part of the stolen funds was spent on sports betting, while accomplices are still being pursued.

On Thursday, before His Honour Eyram Fumey, Arthur pleaded not guilty to the charge of stealing. He was granted bail in the sum of GH¢12 million with four sureties of substance, three of whom must be justified.

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