Connect with us

Business

Chinese National and Former Sales Manager Ending Wang Arraigned for Allegedly Stealing GH¢343,000 from Kunda Manufacturing

Published

on

Former Sales Manager Ending Wang Arraigned for Allegedly Stealing GH¢343,000 from Kunda Manufacturing

A former Sales Manager, Ending Wang, has appeared before an Accra Circuit Court on charges of stealing GH¢343,000 belonging to his previous employer, Kunda Manufacturing and Trading Limited.

The Chinese national, who resides at Spintex in Accra, faces counts of stealing and possession of forged documents. He pleaded not guilty to all charges.

The court granted him bail in the sum of GH¢400,000 with sureties earning not less than GH¢4,000 each. He was also ordered to deposit his passport with the court registry. The case has been adjourned to January 12, 2026.

Presenting the facts, Chief Inspector Wisdom Alorwu told the court that the complainant, Wu Jiannan, is the Financial Manager of Kunda Manufacturing and Trading Limited.

According to the prosecution, on September 12, 2024, the company sold one truck head and one six-by-four reinforced tipper truck on credit to Wilago Enterprise at a total cost of $153,000. The agreement required an initial deposit of $76,500, with the balance payable in monthly installments of $6,375 over 12 months. All payments were to be made into the company’s designated Ecobank and Access Bank accounts.

Advertisement

In July 2025, the Finance Department discovered that Wilago Enterprise had defaulted on several installments. When management contacted the customer, Wilago disclosed that it had already paid GH¢343,000 into the personal bank and mobile money accounts of Ending Wang.

Following this revelation, the company lodged a formal complaint with the police on October 7, 2025, leading to the accused’s arrest.

Investigations revealed that Ending Wang allegedly instructed Wilago Enterprise to divert payments into his personal Ecobank and mobile money accounts, in violation of the agreed arrangement. Court orders served on Ecobank Ghana Limited and MTN Ghana Limited confirmed that GH¢50,000 was paid into the accused’s mobile money account, while GH¢293,000 was deposited into his Access Bank account.

Further probes uncovered a forged sales agreement in the accused’s possession, purporting to show a transaction between the company and Wilago Enterprise for a four-axle flatbed truck – a deal the prosecution says never existed.

A forensic audit conducted by Ashong Nkrumah and Associates concluded that Ending Wang dishonestly appropriated the GH¢343,000, which formed part of the payment for the truck head and tipper truck sold to Wilago Enterprise.

The case continues on January 12, 2026.

Advertisement

Source: Modern Ghana

Continue Reading
Advertisement

Trending

Copyright © 2023 NewsupGh.com. Designed & Managed by TCwebs I.T Solutions [+233546232399]