See full list of properties allegedly acquired by former NAFCO CEO

The Attorney General and Minister of Justice, Dr Dominic Akuritinga Ayine, has disclosed that the former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Abdul-Wahab Hanan, is at the centre of a major corruption investigation involving the alleged acquisition of high-value assets with state funds.

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Speaking at the Government Accountability Series in Accra on Wednesday, October 22, 2025, Dr Ayine said investigators from the Economic and Organised Crime Office (EOCO) have traced several luxury properties and suspicious bank transactions linked to Abdul-Wahab, believed to have been financed with proceeds of crime.

“Investigators from the Economic and Organised Crime Office (EOCO) have traced several properties and bank transactions linked to Abdul-Wahab, which they believe were funded through illicit means,” he said.

The former NAFCO boss was arrested with his wife on June 25, 2025, and detained by EOCO for two weeks before being granted bail in the sum of GH¢60 million with two sureties.

His wife was released earlier on a GH¢30 million bail.

While the opposition New Patriotic Party (NPP) has criticised the bail conditions as excessively harsh and politically motivated, Dr Ayine maintained that the government remains committed to enforcing accountability and the rule of law.

He disclosed that assets allegedly acquired with misappropriated funds include a five-bedroom house at Chain Homes, valued at $1.625 million; a three-bedroom residence at Cantonments purchased for $600,000; plots of land at Airport Development Area worth $750,000; a 17-bedroom boutique hotel in Gumani, Tamale valued at $250,000; a four-bedroom bungalow at Dzorwulu valued at GH¢4.14 million; and a 0.32-acre parcel of government land purchased for GH¢307,200.

Dr Ayine assured that all assets proven to have been purchased with stolen funds will be confiscated in line with the law.

See the list below





MRA/AE