Accra — Darlington Awuah, an Accra based businessman is standing trial for allegedly defrauding a petty trader to the tune of ¢49 million with the promise of helping her acquire a loan of $100,000 from an Accra based bank.

Presenting the facts to the Court, Prosecuting Officer Chief Inspector Benjamin Dadzie said the complainant Emelia Adu Boahemaa resides at Dzorwulu, a suburb of Accra while the accused is a businessman residing at Dansoman.

The Prosecutor said in November 2005 the complainant was introduced to the accused as someone who could help her access a loan of $100,000 to enable her expand her business.

According to the Prosecutor the accused demanded ¢49 million from the complainant to enable him prepare an indenture to use as the collateral security to secure the loan.

The trader who was convinced got the money for the accused, but upon receipt of the money the businessman reneged on his promise to assist her acquire the loan.

According to the Prosecuting Officer attempts by the complainant to retrieve her money proved futile , so she lodged a complaint with the police who arrested him after investigations.

The accused person however, pleaded not guilty to the offence and was granted 50 million cedis bail with a surety to justify with the case adjourned to the 25 July this year.