Managing Director of Jorbies Microfinance Company Limited, John Larbi has been arrested  by the Bureau of National Investigation for alledgedly embezzling GHC300,000 being clients deposits.

Briefing the media after the arrest, the BNI said the customers of Jorbies Microfinance reported that the MD and his staff had suddenly closed their offices and they could not be traced.

The BNI said after the DKM saga in Brong Ahafo, officers of the BNI Command were tasked to monitor the operations of the existing microfinance operators  in the Agona West Municipality and adjoining districts.

He said on March 15, the MD of Jorbies Microfinance was spotted around the  premises of Agona Swedru High Court.

The BNI said Larbi was nearly lynched after the news of his arrest became public, but BNI Officers managed to whisk him away from a mob attack.

The National Security Agency urged those who had deposited monies with Jorbies Microfinance to make official complaints against the MD, while investigations continued.

It warned microfinance operators in the Agona West Municipality and the adjoining districts under the Divisional Command operating without license from the Bank of Ghana (BOG) to cease operations  before the law caught up with them.