Luxury Cars, Properties, Cash: OSP’s seized, frozen assets hit GH¢638.8m

The Office of the Special Prosecutor (OSP) has disclosed that it has seized, or frozen assets valued at a whopping GH¢638.8 million between 2023 and 2026.

Apart from the GH¢638.8 million raised from seized or frozen assets, the OSP has made recoveries totaling approximately GH¢43.4 million from investigations into suspected corruption and related offences.

The figures published by the anti-corruption agency on its social media pages on October 27, 2026, show that the seizures and freezes covered real estate, luxury vehicles, bank accounts and cash equivalents.

The bulk of the reported asset seizures occurred in 2023, when assets valued at GH¢516 million were seized in connection with a counterfeit currency syndicate.

According to the OSP, the amount represented the equivalent value of US$40 million in counterfeit currency, calculated at an exchange rate of GH¢12.90 to US$1.

In 2025, assets valued at approximately GH¢102.7 million were seized or frozen. Real estate, including land, houses and gas stations, accounted for GH¢96.58 million of the total.

Vehicles, including cars, sport utility vehicles, trucks, tankers and buses, were valued at GH¢2.32 million, while cash and equivalents amounted to GH¢3.83 million.

The OSP's figures for 2026 put the value of seized or frozen assets at GH¢20.12 million.

These comprised real estate valued at GH¢6.5 million, luxury vehicles worth GH¢8.66 million and frozen accounts containing approximately GH¢4.96 million.

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Among the assets listed for 2026 were a four-bedroom house at East Legon valued at GH¢6.5 million, a Rolls-Royce Mansory Convertible estimated at GH¢3.1 million and a Ferrari 458 Speciale valued at GH¢2.2 million.

Other vehicles included a Mercedes-Benz bullion van, a Fiat Ducato bullion van, a Range Rover Velar and a Mercedes-Benz GLE 450.

Recoveries reach GH¢43.4 million

The OSP also reported recoveries totaling approximately GH¢43.4 million from 2022 to 2026.

The largest share was recorded in 2025, when recoveries amounted to GH¢31.21 million, followed by GH¢8.27 million in 2026.

In 2025, the agency recovered GH¢22.38 million in connection with the Minerals Income Investment Fund (MIIF) and GH¢8.52 million from investigations into the diversion of petroleum products.

Other recoveries that year included GH¢206,000 paid under a plea agreement involving Thomas Andy Owusu and GH¢106,318.95 in plea agreement payments relating to a payroll audit case.

For 2026, the OSP listed GH¢4.93 million from investigations into AGO/MGO pre-mix fuel, GH¢2.8 million from investigations into the diversion of petroleum products and GH¢549,578.10 from the management of seized assets.

The agency also reported GH¢2.85 million recovered through payroll investigations in 2024 and GH¢1.07 million from customs advance ruling recoveries in 2022.

See the post below:

Milestones So Far: Asset Recovery

#OSPMilestones https://t.co/WnPuZcTRHD

— Office of the Special Prosecutor-Ghana (@ospghana) October 27, 2026