The Police Professional Standards Bureau (PPSB) has linked an alleged unauthorised withdrawal of GH¢400,000 from a mobile money account in Kumasi to proceeds from a gold robbery and fraud case currently under investigation.

The probe was initiated following a directive by the Inspector-General of Police, Christian Tetteh-Yohuno, into claims that funds had been withdrawn without authorisation from an account belonging to Derrick Okyere Dapaah, a mobile money merchant.

According to police findings, the GH¢400,000 forms part of a larger transaction linked to a reported gold deal gone wrong.

Background to the Case

Police say the case dates back to December 8, 2025, when Francis Ayaaba lodged a complaint. He reported that he had been lured to a house at Ntoaso near Nsawam under the pretext of purchasing gold.

He told investigators that he paid GH¢500,000 in cash and transferred an additional GH¢400,000 via mobile money as payment for the gold. However, immediately after the transaction, armed men reportedly stormed the location and robbed him of the gold.

Tracing the Funds

Subsequent investigations traced the GH¢400,000 mobile money transfer to accounts linked to Derrick Okyere Dapaah. Police further established that the funds were moved between two other mobile money accounts belonging to him.

The money was later withdrawn by Abudu Dauda, who used a Ghana Card bearing the name Isagali Promise. He told police he carried out the withdrawal on behalf of one Alhaji Ibrahim.

Arrests and Court Action

Further investigations led to the arrest of three suspects—Abudu Dauda, Prince Ofori, and William Nene Sakitey Osabotey, who owns the premises where the transaction took place.

Derrick Okyere Dapaah was also arrested and subsequently charged with abetment of crime.

All four accused persons have been arraigned before court and granted bail. They are expected to reappear on April 29, 2026.

Court Orders and Ongoing Investigation

Police secured court orders to freeze the mobile money numbers involved, reverse the GH¢400,000 transaction, and have the funds withdrawn and held as exhibit pending the outcome of the case.

Investigations are ongoing to apprehend two additional suspects, identified only as Alex and Alhaji Ibrahim, who are currently on the run.