Gerald Geoffrey Amenyo, 22, a sales agent, has been remanded by a Hohoe circuit court on a provisional charge of stealing and causing unlawful harm to Mr Seth Seglah, a businessman.
His plea was not taken and would come back to court on June 2, this year.
Prosecuting, Mr Benjamin Dadzie, Assistant Superintendent of Police, told the court presided over by Mr Edward Apenkwa that Amenyo was a sales
agent to Mr Seglah, a mobile phone cards dealer.
He said Amenyo attacked Mr Seglah who was then alone in his house on February 24 this year, for failing to lend him 500 Ghana cedis.
Mr Dadzie said Amenyo hit Mr Seglah on the head several times with an iron while he was sorting some credit cards from a suitcase until he bled profusely and fell unconscious.
He said Amenyo then bolted with the suitcase containing unspecified amounts of money, credit cards, a nokia phone and some documents which he
hid in a nearby uncompleted building.
Mr Dadzie said Amenyo returned to Mr Seglah's house and dragged him into his bathroom and left him there until his wife, who was a teacher,
found him unconscious in a pool of blood on her return from school.
He said Mr Seglah's wife raised the alarm and neighbours came to assist to take Mr Seglah to the Hohoe Hospital.
Mr Dadzie said a report was made to the police and investigations led to the arrest of Amenyo on May 9, this year.
He said Amenyo admitted committing the crime in his caution statement.