A 32-year-old system administrator,Cephas Agbodo, has been jailed by the Tamale High Court for eight years with hard labour for stealing GH¢159,300 from the coffers of his former employer, the Buuwulonso One Stop Rural Bank at Damongo in the Savannah Region.
Cephas Agbodo, who had moved on to Borimanga Rural Bank at Savelugu in the Northern Region hacked into the system of his former employer, and succeeded in transferring the amount into two separate accounts.
Agbodo, who was charged with 12 counts of stealing and money laundering, was found guilty on the first count of stealing after more than two years of trial that began in 2019, but was acquitted and discharged on counts two to 12 by the court, presided over by Mr Justice Richard Kogyapwah, who is also the Supervising High Court Judge for the Northern Region.
The court ordered that GH¢30,818 that was found in a safe during a search in Mr Agbodo’s room by the police during his arrest and the monies he transferred from the accounts of his former employer into the two accounts be returned to the account of his former employer.
The court further directed that the items of Mr Agbodo — which included trips of sand, Samsung and Apple mobile phones, microwave, and a sound system — that were confiscated during his arrest should be given back to him because the prosecution could not prove that he bought those items with the money he stole from the bank.