Tetteh is accused of misappropriating GH¢ 995,338 belonging to his employers. He has denied the charges and has been granted bail in the sum of GH¢ 1.5 million with four sureties.
Susu is an informal money-pooling scheme practised in Africa, the Caribbean, and some immigrant communities. According to Chief Inspector Maxwell Lanyo, the prosecution's representative, the complainant in the case is a businessman and owner of multiple companies, including Universal Susu, Universal Ice, Front Street Properties, and Universal Rock Builders.
Tetteh was employed as the marketing manager of Front Street Properties, responsible for advertising and issuing receipts to customers who purchased land. He later became the General Manager of Universal Rock Builders and also served as the Public Relations Officer for the multi-company.
When instructed to hand over receipt booklets to the new marketing manager, Tetteh kept two serial receipt booklets and printed four un-serial receipt booklets bearing the company's name. He issued these to customers who had made payments, collecting the money into his personal account instead of the company account.
In August 2022, Tetteh resigned from the company but continued to issue receipt booklets and collect money from customers who had not completed their payments.
The complainant discovered the discrepancies when conducting an audit of the receipt books and found forged indentures issued to some customers. Tetteh was subsequently arrested, and during the investigation, it was revealed that he had embezzled GH¢ 995,338.97.
Tetteh admitted to the offence when cautioned by the police. The case will proceed as the court examines the evidence and hears testimonies related to the alleged embezzlement.