An Accra Circuit Court has remanded 51‑year‑old Managing Director Emmanuel Ahadzie into police custody following allegations that he conspired with two others, Akponu Kwaku Joseph and Guo Nian Ming, to defraud Moses Kwame Williams, Chief Executive Officer of Service Machinery Ghana Limited (SMGL), of $1 million.
The prosecution claims Ahadzie and his alleged accomplices collected the money from Mr Williams under the pretext of supplying him with six heavy‑duty Sino trucks, but failed to deliver the vehicles. Ahadzie is charged with conspiracy to commit crime, defrauding by false pretences, and defrauding by false pretences.
According to the court, the trio agreed in April 2026 to collect the funds, with Ahadzie persuading Mr Williams to open a CalBank account and deposit the money into an account belonging to Ming. After receiving the money, Ming allegedly did not honour the agreement to supply the trucks. Mr Williams subsequently petitioned the Police Intelligence Directorate on 28 September 2026, leading to sustained intelligence and surveillance that culminated in Ahadzie’s arrest.
Akponu and Ming remain at large, and the prosecution says efforts are underway to arrest them. Ahadzie was denied a plea and is expected to reappear in court on 13 October 2026.
The case highlights concerns over corporate fraud within Ghana’s manufacturing sector and the legal mechanisms in place to address such breaches of trust.
