Report By: Political Desk
The Office of the Special Prosecutor (OSP) has announced that it has seized and is currently managing several high-value assets linked to an ongoing criminal case involving former National Petroleum Authority (NPA) Chief Executive Officer, Dr Mustapha Abdul-Hamid, and nine other individuals.
The disclosure was contained in the OSP’s 2025 Half-Yearly Report, signed by the Special Prosecutor, Kissi Agyebeng.
According to the report, the seized assets are being held as exhibits in the case The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), which is presently before the Criminal High Court in Accra.
The assets under OSP management include four fuel stations located at Opeikuma, Dansoman, Abeka Lapaz, and Millennium City in Accra, as well as a cash seizure amounting to GH¢951,995.56.
Additionally, the OSP has taken control of multiple parcels of land across the country, including land at Tamale valued at GH¢9.93 million, Haatso valued at GH¢2.737 million, Danyame in Kumasi valued at GH¢4.766 million, and land at Adenta, which is yet to be valued.
The Office is also managing several high-end residential properties in prime areas of Accra. These include a two-storey residential building at East Legon valued at GH¢12.7 million, as well as apartments located at Airport Residential Area, Boundary Road, Roman Ridge, and Adjiringanor, each valued at several million cedis.
Further seized assets include a six-unit residential block at Agbogba valued at GH¢10 million, 23 fuel tanker trucks, and a number of uncompleted apartment developments at Airport City and Roman Ridge.
Separately, the OSP revealed that it has seized and is managing luxury vehicles valued at GH¢18.6 million in connection with its investigation into the Minerals Income Investment Fund (MIIF). These vehicles include a Rolls-Royce Mansory Phantom, Mercedes-Benz Maybach S680, Mercedes-Benz Brabus 800, Toyota Land Cruiser LC300, Lexus LX600, and two Fiat bullion vans.
The seizures follow criminal charges brought against Dr Abdul-Hamid and nine others—comprising former and current NPA officials and three private companies—over an alleged conspiracy to extort more than GH¢291 million from operators in the petroleum sector.
Prosecutors allege that between December 2022 and December 2024, the accused persons unlawfully obtained GH¢291,574,087.19 and US$332,407.47 from bulk oil transporters and oil marketing companies, despite having no legal authority to do so.
Those charged include Jacob Kwamina Amuah, former Coordinator of the Unified Petroleum Pricing Fund (UPPF); Wendy Newman, an NPA audit staff member; and Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah. The companies named in the case are Propnest Limited, KEL Logistics Limited, and Kings Energy Limited.
The matter remains before the High Court as the OSP continues its asset-tracing, seizure, and prosecution efforts.
Source: www.thenewindependentonline.com
