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Home News

OSP charges former NPA CEO, others with GH₵291m money laundering

Kumasi Mail by Kumasi Mail
October 20, 2025
in News
0
OSP charges former NPA CEO, others with GH₵291m money laundering
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The Office of the Special Prosecutor (OSP) has filed 54 criminal charges against some officials of the National Petroleum Authority (NPA) and several associated companies for alleged large-scale extortion, abuse of public office, and money laundering involving more than GH₵291 million and US$332,000.

According to court documents, the accused persons led by Mustapha Abdul-Hamid, Former Chief Executive Officer of the NPA are alleged to have extorted hundreds of millions of cedis and foreign currency from bulk oil transporters and oil marketing companies under the guise of official duties.

The funds were allegedly laundered through property acquisitions and business entities to conceal their illicit origins.

The accused individuals named in the suit are Mustapha Abdul-Hamid, Jacob Kwamina Amuah, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah. The companies implicated include Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.

The Republic has charged them under case number Cr/0603/2025, currently before the Accra High Court.

Meanwhile, the OSP has frozen several assets pending trial. These include tanker trucks, fuel stations, houses, apartments, and parcels of land valued at more than GH₵100 million.

The OSP stated that the case underscores its commitment to “combating corruption and protecting public funds from abuse by public officers and private sector collaborators.”

Source: www.kumasimail.com

Tags: 54 criminal chargescorruptionspecial prosecutortopstory
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