Osei Assibey Antwi has been charged with financial misconduct
Former National Service Authority (NSA) Executive Director Osei Assibey Antwi has had his bail varied and reduced.
On Thursday, December 11, 2025, the High Court lowered the amount to GH¢120 million with two sureties, down from the previous GH¢630 million, according to a citinewsroom.com report.
The decision follows an application by Assibey Antwi’s lawyers. He is currently facing trial on charges including stealing, money laundering, and causing financial loss to the state during his tenure as Director-General of the NSA.
NSA Scandal: GH¢8.2 million paid into former boss Osei-Assibey's E-zwich account - AG
Assibey Antwi was initially granted bail of GH¢800 million, which was later reduced to GH¢630 million before Thursday’s further revision.
Under the latest terms, the court directed that the two sureties provide proof of landed property valued at GH¢80 million each.
All other bail conditions, including surrendering his passport and being placed on the no-flight list, remain in effect.
Prosecutors opposed the reduction, citing the severity of the charges and the potential 25-year sentence for stealing, arguing that the original bail sums were justified.
The defence, however, contended that the earlier amounts were unrealistic and effectively amounted to a denial of bail.
Osei Assibey Antwi faces 14 charges, including causing financial loss to the Republic, stealing, and money laundering, in a case involving more than GH¢600 million.
According to a charge sheet filed at the Accra High Court on October 13, 2025, the former NSA boss is accused of authorising payments to over 60,000 non-existent national service personnel and misappropriating public funds during his tenure between August 2021 and February 2025.
Assibey Antwi faces multiple charges under sections 179A(1) and 124(1) of the Criminal Offences Act, 1960 (Act 29), and section 1(2)(c) of the Anti-Money Laundering Act, 2020 (Act 1044).
Osei Assibey Antwi charged with GH¢600 million financial loss, stealing and others
Prosecutors allege he willfully caused a financial loss of GH¢500.8 million by approving allowances for “ghost” personnel.
He also faces six counts of stealing, involving several million cedis between August 2023 and May 2024, including GH¢3.6 million on August 22, 2023, and multiple transfers of GH¢516,000 in the following months.
MAG/MA
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