The Office of the Special Prosecutor (OSP) says it has increased charges against Dr. Mustapha Abdul-Hamid, former Chief Executive of the National Petroleum Authority (NPA), and nine others from 25 to 54.
In a release by the OSP, this follows new evidence uncovered during the investigation, revealing alleged corruption and money laundering involving bulk oil transporters and oil marketing firms.
The accused allegedly coerced those entities into paying huge sums under the pretext of official duties, before laundering the proceeds through property purchases and business ventures.
The accused includes Dr. Mustapha Abdul-Hamid, Jacob Kwamina An-wan, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah, as well as corporate entities Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.
The OSP alleges that the group operated a coordinated network targeting Oil Marketing Companies and Bulk Oil Distribution Companies, channeling the proceeds into luxury real estate, vehicles, and petroleum businesses.
The OSP has confirmed the seizure and freezing of assets belonging to the accused persons, including tanker trucks, filling stations, residential properties, and parcels of land valued at over GH¢100 million.
However, Dr. Abdul-Hamid was granted bail set at GH¢2 million with specific conditions, including providing two sureties earning not less than GH¢5,000 monthly and reporting to the OSP fortnightly.
