In a significant development related to a corruption scheme at the National Petroleum Authority (NPA), the Office of the Special Prosecutor (OSP) has charged seven individuals and three companies with multiple counts of extortion and money laundering.
The accused include former NPA CEO Mustapha Abdul-Hamid and others allegedly involved in collecting over Two Hundred and Eighty Million, Five Hundred and Sixteen Thousand Ghana Cedis (GHC280,516,127.19) from petroleum transporters and oil marketing companies without a lawful mandate between 2022 and December 2024.
Specifically, charges include extortion by a public officer, conspiracy to commit money laundering, and money laundering.
Further, the accused reportedly used companies like Propnest Ltd., Kel Logistics Ltd., and Kings Energy Ltd. to launder proceeds, acquiring assets such as houses, trucks, and fuel stations to conceal the illicit funds’ origin.
Meanwhile, one director remains at large. In light of this case, the OSP reaffirms its commitment to tackling corruption.
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