Thomas Ikupu of Bereina in the Central Province appeared at the Waigani Committal Court today (July 22) on charges of conspiracy to defraud, uttery and forgery.
He was arrested on June 26 and is on a K10,000 police bail.
It is alleged that Ikupu on January 5, 2015 conspired with another man to transfer shares of a company; Yatala Limited, making changes to company directors with the intention to defraud it.