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Security man jailed for 15 years for stealing GHS1.5m from GCB Bank

Two others who were charged with abetment and stealing were acquitted and discharged.

Osei Owusu Baffour was sentenced for stealing more than Gh¢1.5million from the Takoradi Market Circle branch of the GCB Bank in the Western Region.

The court was presided over by His Lordship Peter Kwabena Ababio.

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However, 2 others were acquitted and discharged. Geoffrey Kofi Dawohoso, the then ATM Custodian and Charles Kobina Essien since according to the court, it was the manager of the bank’s branch now (deceased) who facilitated the crime.

The two had been charged with abetment and stealing.

The court found him guilty and sentenced him accordingly after he confessed to the court.

Osei Owusu Baffour told the court that he used the money which was stolen from the Automated Teller Machine (ATM) to acquire 10 luxury vehicles for himself, and two taxis for his colleague security man as a gift.

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He also opened several bank accounts in the name of his child and in his own name.

The system administrator at the Takoradi Market Circle branch of the bank was the one who detected the irregularities and lodged a complaint at the police station in 2012.

In March 2012, the bank detected imbalances from its ATM without any reported or sign of a break-in.

Baffour was a private security man attached to the bank’s branch by a private security firm which provided services to the GCB Bank.

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