The Attorney General and Minister of Justice, Dr. Dominic Ayine, has revealed that the state will prosecute Percival Kofi Akpaloo, his wife Delvin Akpaloo, and their company Pomaah Universal Ghana Ltd. for stealing, forgery, and money laundering after the Christmas break.
Dr. Ayine made the disclosure during the latest edition of the government accountability series on Monday, December 22, 2025.
He outlined a sophisticated fraud scheme involving the diversion of payments meant for a legitimate Cocoa Board road contract.
According to Dr. Ayine, the case traces back to a Suspicious Transaction Report (STR) filed by First Bank Ghana Ltd. with the Financial Intelligence Centre (FIC). The report flagged unusual activity in an account held by Pomaah Universal Ghana Ltd., a firm owned by Akpaloo.
Investigations by the Economic and Organised Crime Office (EOCO) uncovered that Pomaa Universal Ghana Ltd., a company fully owned by contractor Ekua Pomaa had secured a ₵29.5 million feeder roads contract from the Ghana Cocoa Board in December 2020.
While initial payments were properly deposited into Pomaa Universal’s account and project work began, subsequent disbursements sparked red flags over misrepresentation and unauthorized check handling.
Akpaloo allegedly incorporated a shell company, Pomaah Universal Ghana Ltd., subtly altering the spelling by adding an “h” to “Pomaa” (P-O-M-A-A-H).
Between December 2022 and June 2024, he intercepted eight checks issued by the Cocoa Board to the legitimate Pomaa Universal Ghana Ltd., totaling ₵3,169,432.22, and deposited them into his own company’s account.
Ekua Pomaa only learned of the diversion in June 2024 when the Cocoa Board contacted her about outstanding contract balances. She reported being unaware of Pomaah Universal Ghana Ltd.’s existence and
“Our investigations confirmed that Ekua Pomaa was unaware of both the existence of the Coman Ghana Limited, that is the second company, and the diversion of the funds until CocoaBoard contacted her in June 2024 regarding outstanding balances on the contract,”Dr. Ayine said.
“She subsequently discovered that Akpaloo had collected and misdirected the payments without her consent,” Dr. Ayine added.
She accused Akpaloo of forging her signature using her former name, Mercy Owusu on the original contract without consent.
“Ekua Pomaa also alleged that Akpalo forged a signature on the Cocoa Board contract using her former name, Mercy Owusu, to secure the agreement without her authorization,” Dr. Ayine disclosed.
Again, the Attorney General stressed that First Bank Ghana Ltd.‘s internal probe corroborated the fraud, confirming Akpaloo’s deliberate misrepresentation of check ownership. The bank admitted operational lapses in failing to spot mismatches between the payee names on the checks and the deposit account details.
Dr. Ayine named the suspects as Percival Kofi Akpaloo, Pomaah Universal Ghana Ltd., and Delvin Akpaloo, Percival’s spouse.
“It’s fast becoming fashionable to commit crimes with spouses these days,” he remarked wryly.
“Our investigations confirmed they engaged in stealing, forgery, and money laundering,” Dr. Ayine stated.
“They will be charged by my office upon resumption of work after the Christmas holidays,” he opined.
Source: www.Kumasimail.com
