Accra, March 13, – An Accra Circuit Court has sentenced Shubham Sharma, a company manager, to five years’ imprisonment for possessing counterfeit Ghanaian and foreign currencies.
The court heard that Sharma was found with fake GH¢200 notes totalling GH¢1,976,000 and counterfeit US$100 notes amounting to US$191,900.
Prosecution, led by Chief Inspector Wisdom Alorwu, said Sharma dishonestly replaced genuine company funds with forged notes belonging to his employer.
The complainant, a businessman and Chief Executive Officer of a company producing air fresheners, reported that Sharma, who previously worked as a manager at the firm, had substituted authentic cash with fake currency.
The court, presided over by Mr Joseph Yennuban Kunsong, sentenced Sharma to four years for possession of fake local currency and five years for possession of counterfeit foreign currency, with the sentences to run concurrently.
The court noted that Sharma, an Indian national, had already spent over nine months in custody.
It further directed officials from the Ghana Police Service, Bank of Ghana, and the court registry to ensure the destruction of the counterfeit notes.
The court also ordered that Sharma be deported after completing his prison term.
Investigations revealed that Sharma had broken into his employer’s safe while the complainant was abroad, replacing genuine dollars with counterfeit notes.
Further checks showed that he had also substituted large sums of Ghana cedis with fake GH¢200 notes.
The Bank of Ghana later confirmed that the seized notes were counterfeit.
During investigations, Sharma admitted that he had kept the forged currencies in the office.
GHBUSS
13 March 2026
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