OSP Seizes Assets in Case Against Former NPA Boss

The Office of the Special Prosecutor (OSP) has confiscated and is overseeing several high-value assets—including fuel stations, cash, vehicles, and apartments—connected to the ongoing criminal trial involving former Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, and nine other defendants.

This revelation was contained in the 2025 Mid-Year Report, signed by Special Prosecutor Kissi Agyebeng.

Per the report, the confiscated assets serve as exhibits in the case The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), which is currently before the Criminal High Court in Accra.

Among the properties under OSP’s control are four fuel stations situated at Opeikuma, Dansoman, Abeka Lapaz, and Millennium City—all in Accra—as well as a cash seizure amounting to GH¢951,995.56.

The Office has also taken possession of multiple parcels of land nationwide, including plots in 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, which is yet to be assessed.

Additionally, the OSP is managing several upscale residential properties in prime Accra neighborhoods. These include a two-storey house at East Legon valued at GH¢12.7 million, apartments at Airport Residential Area, Boundary Road, Roman Ridge, and Adjiringanor, each worth millions of cedis.

Other seized assets comprise a six-unit housing block at Agbogba valued at GH¢10 million, 23 fuel tanker trucks, and unfinished apartment projects at Airport City and Roman Ridge.

Separately, the OSP reported that it has impounded luxury vehicles worth GH¢18.6 million as part of its probe into the Minerals Income Investment Fund (MIIF).

The vehicles 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.

These seizures follow criminal charges against Dr. Abdul-Hamid and nine others—comprising former and current NPA officials as well as three private firms—over an alleged scheme to extort more than GH¢291 million from petroleum sector operators.

Prosecutors allege that between December 2022 and December 2024, the accused unlawfully collected GH¢291,574,087.19 and US$332,407.47 from bulk oil distributors and oil marketing companies, despite lacking legal authority.

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

The companies implicated are Propnest Limited, KEL Logistics Limited, and Kings Energy Limited.

The matter remains before the High Court as the OSP continues its asset-tracing, confiscation, and prosecution efforts.

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