A 24-year-old self-acclaimed businessman accused of producing fake Ghana Cedi notes has been remanded by the Konongo Magistrate Court, in the Asante-Akim Central Municipality.
Prince Adebayor, the suspect, was caught red-handed by the police at Konongo, engaging in the illegal activity, following a tip-off.
His plea was not accepted by the court. He is due to reappear before the Court on May 28, 2019.
Police Detective Princeton Peasah Darkwah, told the Court that on May 6, the Police received information that the accused was counterfeiting Ghana Cedi notes in front of a shop at Konongo.
He said the police proceeded to the place and arrested the accused who was found in the act.
The detective further told the Court that the accused had in his possession 13 brown envelopes with a concealed compartment containing genuine two Cedi notes, painted black.
He also said other items found on him were three bottles containing a black liquid, a small bottle with a whitish powder and 12 pieces of white paper, cut into the size of two Cedi notes.
Prince Adebayor led the police in the course of the investigation to Ejisu, where he claimed his boss was residing, but on reaching there, the police found an empty office.
The accused however refused to name the said boss.
Detective Inspector Peasah said the accused later confessed to the police that he was on his own as a fake currency producer and that he did this with no accomplice as he had earlier asserted.
He said the accused also admitted counterfeiting two Cedi notes to defraud the unsuspecting public.
The police for the purpose of evidence filmed the demonstration by the accused.