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OSP seizes fuel stations, luxury apartments, cash in GH¢291m NPA extortion case

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The Office of the Special Prosecutor (OSP) says it has seized and is managing multiple high-value properties, fuel stations, cash, vehicles and apartments linked to the ongoing criminal case against former National Petroleum Authority (NPA) Chief Executive Officer, Dr Mustapha Abdul-Hamid, and nine other accused persons.

This was disclosed in the 2025 Half-Yearly Report issued and signed by the Special Prosecutor, Kissi Agyebeng.

According to the report, the seized assets form part of exhibits in the case The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), currently pending before the Criminal High Court in Accra.

Among the properties under management by the OSP are four fuel stations located at Opeikuma, Dansoman, Abeka Lapaz and Millennium City in Accra, as well as a cash seizure of GH¢951,995.56.

The Office has also taken control of several parcels of land across the country, including land at Tamale valued at GH¢9.93 million, Haatso valued at GH¢2.737 million, Danyame in Kumasi valued at GH¢4.766 million, and Adenta, yet to be valued.

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In addition, the OSP is managing multiple high-end residential properties in prime Accra locations, including a two-storey residential building at East Legon valued at GH¢12.7 million, apartments at Airport Residential Area, Boundary Road, Roman Ridge, and Adjiringanor, with individual valuations running into several millions of cedis.

The seized assets further include six-unit residential blocks at Agbogba valued at GH¢10 million, 23 fuel tanker trucks, and several uncompleted apartment developments in Airport City and Roman Ridge.

Separately, the OSP disclosed that it has seized and is managing luxury vehicles valued at GH¢18.6 million in relation to its investigation into the Minerals Income Investment Fund (MIIF).

These include a Rolls-Royce Mansory Phantom, Mercedes-Benz Maybach S680, Mercedes-Benz Brabus 800, Toyota Land Cruiser LC300, Lexus LX600, and two Fiat bullion vans.

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The asset seizures follow criminal charges filed against Dr Abdul-Hamid and nine others, including former and current officials of the NPA and three private companies, over an alleged conspiracy to extort more than GH¢291 million from players in the petroleum sector.

According to the prosecution, the accused persons, acting together between December 2022 and December 2024, illegally obtained GH¢291,574,087.19 and US$332,407.47 from bulk oil transporters and oil marketing companies, despite knowing they had no lawful authority to do so.

Those charged include Jacob Kwamina Amuah, former Coordinator of the Unified Petroleum Pricing Fund (UPPF); Wendy Newman, an NPA audit staffer; Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah.

The companies cited in the case are Propnest Limited, KEL Logistics Limited, and Kings Energy Limited.

The case remains before the High Court as the OSP continues its asset-tracing, seizure, and prosecution processes.

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Source: www.myjoyonline.com
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