A businessman has been granted bail by the Koforidua Circuit Court. The court set the bail amount at GH¢200,000.

Two reliable sureties are needed to fulfill the bail conditions. This comes after the businessman was accused of fraud.

He allegedly defrauded clients of over GH¢500,000. The full details of the alleged fraud are under investigation by the Ghana Police Service.

The case has been adjourned to a future date for further hearing. The court will review evidence presented by the prosecution.

This is a summary of a court proceeding. The presumption of innocence applies until a final verdict is reached.