Access Bank Employee Detained for Alleged Theft of GHS 164,000 via Fraudulent Reversals

A 31-year-old staff member of Access Bank Ghana, Lawrene Avorsey, has been taken into custody after allegedly embezzling GHS 164,000 through fraudulent transaction reversals. Reports indicate that Avorsey used his access to the bank’s systems to reroute funds into accounts he had opened under fake identities.

The stolen amount was distributed as follows: GHS 75,631.55 was transferred into the account of Rifa Kaledzi, GHS 72,184.14 went into Richard Mawuli Torsu’s account, and GHS 16,636.45 was diverted to Abigail Adjie Dzanie’s account. The scheme came to light during the bank's General Ledger (GL) reconciliation process in December 2024, which identified discrepancies.

An immediate internal probe was launched, and during this period, Avorsey reportedly went on medical leave. He later tried to submit his resignation, but it was not formally accepted. After his absence, a deeper investigation was conducted, revealing the missing funds on December 18, 2024.

Avorsey was arrested and arraigned in court, while his alleged accomplices—Kaledzi, Dzanie, and Torsu—remain unaccounted for.

This incident highlights the critical need for robust internal controls within financial institutions to prevent fraud and safeguard public trust.

Source: ghpage

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