The Office of the Special Prosecutor (OSP) has expanded its case against former Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, and nine others, increasing the number of charges from 25 to 54 following the emergence of new evidence.
The updated charge sheet outlines 54 criminal counts involving alleged extortion, abuse of public office, and money laundering, with the total amount in question exceeding GH¢297 million and US$332,000.
According to the OSP, the accused are alleged to have extorted vast sums of money from Bulk Oil Distribution Companies (BDCs) and Oil Marketing Companies (OMCs) under the pretext of official duties. The funds were then reportedly laundered through real estate, logistics companies, and other business entities to obscure their origins.
Individuals and Entities Charged:
- Dr. Mustapha Abdul-Hamid
- Jacob Kwamina An-wan
- Wendy Newman
- Albert Ankrah
- Isaac Mensah
- Bright Bediako-Mensah
- Kwaku Aboagye Acquaah
Corporate entities:
- Propnest Limited
- Kel Logistics Limited
- Kings Energy Limited
The OSP has also confirmed the seizure and freezing of assets belonging to the accused, including fuel stations, tanker trucks, luxury vehicles, houses, and land parcels collectively valued at over GH¢100 million, pending trial.
Investigators allege that between 2022 and 2024, the group ran a coordinated scheme targeting players in the petroleum sector, laundering the illicit proceeds into high-value assets.
Legal Proceedings:
- On July 23, Dr. Abdul-Hamid was granted bail of GH¢2 million with two sureties, each earning at least GH¢5,000 monthly, with justifiable proof of income.
- He is also required to report to the OSP biweekly as investigations continue.
- The case has been adjourned to August 26, 2025, when substantive hearings are set to begin.
The case remains one of the most high-profile corruption prosecutions in recent years, drawing significant national attention.
