• Submit article
  • Your News
  • Advertise
  • Advertise
  • Gett Sorted
  • Your News
Monday, November 2, 2026
27 °c
Labadi
28 ° Mon
28 ° Tue
  • Login
  • Register
The New Crusading Guide Online
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
The New Crusading Guide Online
No Result
View All Result
Home Business
CID Investigates Republic Bank’s Board Chair  …Over Stealing And Fraudulent Dealings With Merling-Games

CID Investigates Republic Bank’s Board Chair …Over Stealing And Fraudulent Dealings With Merling-Games

News Desk by News Desk
June 18, 2020
in Business, News
Reading Time: 2 mins read
1.2k 76
A A
0
751
SHARES
1.6k
VIEWS
Share on FacebookShare on Twitter

 

By Our Reporter

The Criminal Investigations Department (CID) of the Ghana Police Service has launched investigations into the operations of Merlin–Gaming Ghana Limited and the involvement of Charles William Zwennes, Board Chairman of the Republic Bank and Eric Gbeho.

This comes days after a petition was filed at the CID headquarters by the Francis Tachie, Menson, and Peter Nkegbe, accusing Charles William Zwennes of stealing, fraudulent breach of Trust, Defrauding by false pretence and forgery of other documents.

Related posts

Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards

Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards

October 29, 2026
1.6k
GoldBod Reforms Create 4,866 Direct Jobs …As It Turns Smuggled Gold Into Revenue

GoldBod Reforms Create 4,866 Direct Jobs …As It Turns Smuggled Gold Into Revenue

October 21, 2026
1.6k

A copy of the petition, intercepted indicates that Mr Zwennes and Gbeho have engaged in criminal and fraudulent activities of stealing, breaching of trust, defrauding by false pretences among others. They were accused of falsifying official documents of Merlin–Gaming Ghana to third parties for their personal benefits and dishonestly appropriating funds of the company to the tune of GH¢1,499,860.85. (One million four hundred and ninety nine thousand, eight hundred and sixty Ghana cedis, eighty five Ghana pesewas belonging to the company without the knowledge and consent of the company.

Giving the facts of the case, Peter Nkegbe, one of the shareholder who presented the petition at the CID headquarters said upon the incorporation of the company, the Board of Directors by a resolution appointed Charles William Zwennes to act as the solicitor to Merlin Gaming Ghana of which he validly accepted. Based on this he was in charge of all the correspondence of the company, including its emails, documents of incorporation, all contracts and those of its predecessor company.

According to Peter Nkegbe, without lawful authority from the Board of Directors and the shareholders of the company and their knowledge and instructions, Charles Zwennes, acting in connection with Eric Gbeho, on the 3rd of June 2014, wrote a letter to the branch manager of Stanbic Bank Ghana limited, Airport branch describing himself as a director of Merlin-Gaming Ghana limited and company secretary.

“In the said letter, Charles zwennes fraudulently served a notice on the branch manager of stanbic Bank that by virtue of his appointment he has been made the new signatory to the company’s account with stanbic bank. The purported resolution was signed by Eric Gbeho in a self-created position of Executive Chairman of the company whereas no such position exists in the company “, the petitioner noted.

“No such resolution was ever passed by the board of directors or shareholders appointing Charles zwennes or Eric Gbeho as company secretary or director or executive chairman or signatory to the bank accounts of the company. All the representations Charles William zwennes and Eric Gbeho made to those effect were made fraudulently and with mal fide   intent towards the company.

Stay tuned for Supreme Court ruling on lawyer Zwennes which injuncts him from making further withdrawal from the company’s account.

Previous Post

ARREST NAM 1 -Menzgold Customers Demand

Next Post

Akwapim South NPP Primaries Smear Campaign Against Ofori-Gyau Launched

News Desk

News Desk

Related Posts

Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards
Business

Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards

October 29, 2026
1.6k
GoldBod Reforms Create 4,866 Direct Jobs …As It Turns Smuggled Gold Into Revenue
Business

GoldBod Reforms Create 4,866 Direct Jobs …As It Turns Smuggled Gold Into Revenue

October 21, 2026
1.6k
Binatone Unveils It’s New “Garment Steamer Model-GS-2002 :  Ready. Steam . Shine   
Business

Binatone Unveils It’s New “Garment Steamer Model-GS-2002 :  Ready. Steam . Shine  

October 17, 2026
1.6k
Binatone Unveils It’s New All in One- Culinary Hub- Fufu -6600
Business

Binatone Unveils It’s New All in One- Culinary Hub- Fufu -6600

October 17, 2026
1.6k
GoldBod Pumps GH¢8.4m Into Water Projects
Business

GoldBod Vs PAC: … ‘Golden Boy’ Fires Back With Financial Facts

October 16, 2026
1.6k
Ghanaian Tour Operator wins Africa Travel 100 Award in Nigeria
Business

Ghanaian Tour Operator wins Africa Travel 100 Award in Nigeria

October 15, 2026
1.6k
Next Post
Akwapim South NPP Primaries Smear Campaign Against Ofori-Gyau Launched

Akwapim South NPP Primaries Smear Campaign Against Ofori-Gyau Launched

“We are still marrying Volta” – Keta MCE

"We are still marrying Volta" - Keta MCE

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Muntaka, Bailiff Showdown  @East Lagon Police Station

    Muntaka, Bailiff Showdown @East Lagon Police Station

    1504 shares
    Share 602 Tweet 376
  • F.K. Buah Stands Tall … As A Historian And Educationist -Kwesi Pratt Jnr.

    1419 shares
    Share 568 Tweet 355
  • A-G FILES CHARGES AGAINST NAM 1.

    1257 shares
    Share 503 Tweet 314
  • Addressing the Bawku Conflict: The Need for Unbiased Security Intervention

    1256 shares
    Share 502 Tweet 314
  • SUSPECTED COP KILLER CAGED…In BNI Cells

    1039 shares
    Share 416 Tweet 260
Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case

Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case

November 2, 2026
King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion.

King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion.

November 2, 2026
AYINE FLIRTING WITH NPP?!  — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL  …OVER GIFTY OWARE CASE

AYINE FLIRTING WITH NPP?! — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL …OVER GIFTY OWARE CASE

November 1, 2026
Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case
Africa

Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case

by Kwabena Adu Koranteng
November 2, 2026
1.5k
King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion.
Africa

King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion.

by Kwabena Adu Koranteng
November 2, 2026
1.5k
AYINE FLIRTING WITH NPP?!  — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL  …OVER GIFTY OWARE CASE
Politics

AYINE FLIRTING WITH NPP?! — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL …OVER GIFTY OWARE CASE

by Julian Owusu Abedi
November 1, 2026
1.5k
“EMPTY LAWYER!, THIEF!”  — MIRACLES ABOAGYE BLURTS AT AKWATIA MP
Politics

“EMPTY LAWYER!, THIEF!” — MIRACLES ABOAGYE BLURTS AT AKWATIA MP

by Julian Owusu Abedi
November 1, 2026
1.5k
Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards
Business

Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards

by Kwabena Adu Koranteng
October 29, 2026
1.6k

Latest

  • Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case November 2, 2026
  • King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion. November 2, 2026
  • AYINE FLIRTING WITH NPP?! — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL …OVER GIFTY OWARE CASE November 1, 2026
  • “EMPTY LAWYER!, THIEF!” — MIRACLES ABOAGYE BLURTS AT AKWATIA MP November 1, 2026
  • Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards October 29, 2026
ADVERTISEMENT
pin up casino
пинап
париматч
рейтинг казино
ван вин
The New Crusading Guide Online

The New Crusading Guide is a privately own newspaper in Ghana with Mr ABdul Malik Kweku Baako as its Editor in Chief. We give you the latest news

casino pinco

Follow us on social media:

bsl.community
kidstravel2.com
kortkeros.ru
prockomi.ru

Recent News

  • Inés Miranda Navarro at the Center of an Alleged Public Funds Embezzlement Case
  • King of Morocco Chairs Working Session on the Commissioning of Nador West Med Port’s First Terminal and the Launch of the Tanger Med Complex Expansion.
  • AYINE FLIRTING WITH NPP?! — KEVIN TAYLOR FIRES BROADSIDE AT ATTORNEY-GENERAL …OVER GIFTY OWARE CASE
  • “EMPTY LAWYER!, THIEF!” — MIRACLES ABOAGYE BLURTS AT AKWATIA MP
  • Vivo Energy Ghana PLC Leads the Pack with Quadruple Win at National PR and Communications Excellence Awards

Special Links

  • Submit article
  • Your News
  • Advertise
  • Advertise
  • Gett Sorted
  • Your News

Quick Links

  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About
  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About

© 2025 The New Crusading Online - All rights Reserved. Powered by Uthink.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Science
  • News
  • World
  • Business
  • National
  • Sports
  • Entertainment
  • Lifestyle
  • Travel
  • Opinion
  • Tech

© 2025 The New Crusading Online - All rights Reserved. Powered by Uthink.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version