Accra: A currency trader who allegedly dishonestly appropriated various sums of money, belonging to three traders, has appeared before an Accra Circuit Court. Mahamud Adams Sidik is accused of collecting $14,000 and 800,000 Naira from the traders, purportedly to prevent theft during their business travels to Nigeria, where they intended to purchase items for sale in Ghana. After receiving the funds, Sidik reportedly went into hiding. According to Ghana News Agency, Sidik has been charged with three counts of fraudulent breach of trust and has pleaded not guilty. The court has granted him bail set at GHC300,000, requiring two sureties to be justified. The case has been adjourned to November 25, 2024. The prosecution, led by Inspector Mina Kwafo, informed the court that the complainants, Wango Abdul Karim, Twaficatu Alhassan, and Rakia Urman, are businesspeople residing in Accra New Town and Sapeiman, both located in Accra. Prosecutors stated that Sidik also resided in Accra New Town and collected cash amount s of $1,000, $13,000, and 800,000 Naira from the three complainants over the years 2022, 2023, and 2024. Sidik allegedly assured the complainants that the money would be transferred through his friend's bank accounts in Abidjan and Nigeria to avoid armed robbery attacks, with the promise that the funds could be withdrawn upon reaching their destinations. The court was told that Sidik's false representations enabled him to obtain the money, but he failed to fulfill his promises, and all attempts by the complainants to recover their funds were unsuccessful. Sidik was eventually apprehended in Ashiaman, where he admitted to the offense in the presence of an independent witness during his caution statement.