The Office of the Special Prosecutor (OSP) has formally charged seven individuals, including former Chief Executive Officer of the National Petroleum Authority (NPA), Mustapha Abdul-Hamid, and three private companies over an alleged GH¢280 million corruption and money laundering scheme.
According to an official statement released by the OSP, the accused persons are implicated in a grand scheme of extortion, diversion of public funds, and money laundering involving officials of the NPA and several private oil marketing and bulk distribution companies.
The charges come after a thorough investigation revealed collusion between certain NPA officials and private sector players, leading to significant financial losses to the state through the illegal diversion of funds from the Unified Petroleum Pricing Fund (UPPF).
Individuals Charged:
Mustapha Abdul-Hamid – Former CEO, National Petroleum Authority
Jacob Kwamina Amuah – Coordinator, UPPF; Managing Director of Propnest, Kel Logistics, and Kings Energy
Wendy Newman – Staff, National Petroleum Authority
Albert Ankrah – Director, Kel Logistics Limited
Isaac Mensah – Director, Kel Logistics Limited
Bright Bediako-Mensah – Director, Kel Logistics and Kings Energy Limited
Kwaku Aboagye Acquaah – Director, Kings Energy Limited
Companies Involved:
Propnest Limited
Kel Logistics Limited
Kings Energy Limited
The OSP noted that the suspects are being prosecuted for offenses including corruption of public officers, dishonestly causing financial loss to the Republic, conspiracy to commit crime, and laundering proceeds from unlawful activity.
This case marks one of the largest corruption-related financial scandals in recent years involving a state agency in Ghana’s petroleum sector. The OSP has assured the public of its commitment to pursue justice and recover stolen assets on behalf of the state.
Further court proceedings are expected in the coming days as the Special Prosecutor moves forward with the charges.
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