Ms. Liang Liubing, Managing Director of Foshan Yuejiawin Wire and Cable Co. Ltd and Director of NSG Innovation Ltd in Ghana, has broken her silence over ongoing legal and media controversies involving the Greater Accra Regional Chairman of the National Democratic Congress (NDC), Mr. Emmanuel Nii Ashie Moore.
Addressing the media at a press conference in Accra, Ms. Liubing provided a detailed account of her business dealings and investments in Ghana, while refuting allegations currently levelled against Mr. Ashie Moore by a Singaporean national, Mr. Toh You Kang.
The allegations stem from a Human Rights suit filed by Mr. Toh at the Human Rights Division of the Accra High Court.
Toh, who claims to be the CEO of NSG Group in Singapore, is accusing Mr. Moore of extorting $800,000 under false pretenses and subjecting him to human rights abuses including threats, humiliation, and physical assault.
He is also demanding GH₵20 million in damages.
However, Ms. Liubing, who is also a co-director of NSG Innovation Ltd in Ghana, painted a different picture.
A Promising Start Turned Sour
According to her, her journey into international partnerships began in 2017 when she first collaborated with a Singaporean businessman named Tony in the cable industry.
“Tony was honest and trustworthy. Our business together was very successful,” she stated. Encouraged by the success, she agreed in 2019 to expand their operations into other countries, including Ghana.
Through Tony, she was introduced to Mr. Toh You Kang, whom she described as someone she initially trusted. “Tony said Toh had five years of experience in the cable business. Based on that recommendation, we entered into a business cooperation,” she explained.
However, this trust began to unravel when Ms. Liubing discovered financial inconsistencies and questionable transactions involving Mr. Toh.
Massive Transactions Gone Missing
According to Ms. Liubing, after establishing NSG Innovation Ltd in Ghana in 2023, she invested heavily in the business. “From November 2023 to May 2024, I handled all the financial commitments,” she said, referencing an initial $180,000 meant for operations in Ghana that went unaccounted for.
In total, she claims to have authorized transactions amounting to over $3 million between May and August 2024, channeled through 43 different bank accounts provided by Mr. Toh.
“These payments were made with the understanding that they were for the company’s growth, logistics, and orders, including products intended for Ghana’s 2024 elections,” she stated.
Yet, none of the funds reportedly reached their intended recipient — Chairman Ashie Moore. “Toh kept assuring me the payments had been made and received, but Mr. Moore confirmed he never got even a dollar,” Ms. Liubing revealed.
A Businesswoman’s Support for Ashie Moore
Contrary to the allegations against Mr. Moore, Ms. Liubing praised his conduct, describing him as “sincere, honest, and deeply committed to improving Ghana’s electrical infrastructure.”
She also clarified that the supposed election contract was legitimate and that her company successfully fulfilled a $200,000 order involving electrical products and souvenirs.
“All the evidence is here. We manufactured and packed the goods for shipment. Any claims that Mr. Moore failed to pay for them are simply false,” she stated.
According to her, the challenges in the electrical supply sector across Africa, especially Ghana, motivated her investment. “We weren’t just doing this for profit. It was about contributing to Ghana’s development.”
A Cautionary Tale
She ended the press conference by urging the public and authorities to verify claims thoroughly before drawing conclusions.
“It is painful to be misled by someone you trust, especially in business. But I can confidently say Mr. Ashie Moore is not the criminal here,” she emphasized, calling on the media to distinguish between the real culprits and those wrongly accused.
Ms. Liubing also hinted that she may take legal steps against Mr. Toh You Kang for allegedly defrauding her and the company.
Background
Mr. Toh You Kang’s suit claims that Mr. Moore tricked him into believing he had secured lucrative supply contracts with the Electricity Company of Ghana (ECG), prompting him to transfer over $800,000 for operations and goods.
He is seeking compensation for both financial losses and alleged human rights violations.
The case is yet to be heard in full at the Accra High Court.
