Bernard Antwi Boasiako, popularly known as Chairman Wontumi and the Ashanti Regional Chairman of the New Patriotic Party, has initiated plea negotiations with the Attorney General’s office in the GH₵30 million Exim Bank fraud case.
Information available to ghanaiantimes.com.gh indicates that lawyers for Bernard Antwi Boasiako aka Chairman Wontumi & 2 other accused have formally written to the Attorney General to enter into plea negotiations on the charges of defrauding by false pretenses, money laundering, and intentionally causing financial loss to a public body.
A plea bargain, under Section 162C of the Criminal and Other Offences (Procedure) (Amendment) Act, 2022 (Act 1079), allows an accused person to plead guilty to lesser charges in exchange for a reduced sentence.
The agreement must be approved by the court after the Attorney General assesses factors such as the strength of evidence, recovery of state funds, and public interest.
Wontumi is facing four counts after his arrest by the Economic and Organised Crime Office in May 2025.
Prosecutors allege he used forged documents to secure a GH₵30 million facility from the Ghana Export-Import Bank to finance equipment for his mining company, Akonta Mining Ltd.
The state further charges him with money laundering and causing financial loss to the state.
He has pleaded not guilty to all charges and was granted GH₵50 million bail with two sureties. The case is currently before the Accra High Court.
The Attorney General’s office is yet to confirm whether negotiations will proceed.
By Edem Mensah-Tsotorme