Fraud Hits Graphic Communications Group

General News of Friday, 2 November 2012 Source: Tweneboah-Koduah, Nana Akua ….Running Into Billions Of Old Cedis ….Third Time In 20 Years ….Management & Board Tight-Lipped On The Fraud ….Main Fraudster Still Walking FreeBy Nana Akua Tweneboah-KoduahReliable information indicates that the Graphic Communications Group Limited (GCGL) has been hit with yet another gargantuan fraud running into billions of old cedis whilst the board and management due to embarrassment, shame and shock are tight-lipped on the issue.Five personnel of the Advertisement Department of the GCGL who were part of the syndicate that has been making the fraudulent deals in the premises of the GCGL for years without detection, have been summarily dismissed rather than being referred to the police for investigations and prosecution. They are Ebo Acquaye, Michael Didza, Peter Wetri, Henry Quarshie and Ibrahim Sackey.Strangely enough, the main fraudster behind the overall operation, Frank Oduro, General Manager, Marketing, has been asked by the board of the GCGL to step aside whilst they conduct internal investigations, with many personnel at the company seething with anger on why the police have still not been alerted on this massive fraud.The GCGL has rather set-up its own kangaroo court with the chairman being John Tagoe, Procurement Manager, to conduct investigations into this matter which should have rather been referred to the police for outright action.It is alleged that the fraudsters have been falsifying advertisement documents and cashing in big time