OSP Charges 7 Individuals, 3 Companies Over GHC280 Million Extortion and Money Laundering Scandal at NPA
The Office of the Special Prosecutor (OSP) has filed criminal charges against seven individuals and three companies in a high-profile corruption case involving a massive GHC280 million extortion and money laundering scheme within the National Petroleum Authority (NPA).
Among those charged is former NPA CEO Mustapha Abdul-Hamid, alongside senior staff and company directors alleged to have colluded in diverting public funds through unlawful schemes involving petroleum transporters and oil marketing firms.
Key Accused Parties
- Mustapha Abdul-Hamid – Former CEO, NPA
- Jacob Kwamina Amuah – Coordinator, Unified Petroleum Pricing Fund (UPPF); MD of Propnest, Kel Logistics, and Kings Energy
- Wendy Newman – NPA Staff
- Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, Kwaku Aboagye Acquaah – Directors of the implicated private companies
- Propnest Limited, Kel Logistics Limited, Kings Energy Limited
Nature of the Scheme
The OSP’s investigation, launched in late 2024, uncovered a scheme in which Abdul-Hamid, Amuah, and Newman allegedly abused their positions to unlawfully extract GHC280,516,127.19 from petroleum transporters and marketers between 2022 and December 2024.
- Amuah reportedly handed GHC24 million in cash to Abdul-Hamid.
- Another GHC227.2 million was routed through Newman and disbursed under Amuah’s instruction.
- The funds were subsequently laundered through real estate purchases, fleet acquisitions for oil distribution, and the development of fuel stations.
Money Laundering Network
The OSP alleges that the remaining accused—primarily directors of Kel Logistics, Kings Energy, and Propnest Ltd.—collaborated with a fugitive director, Osei Tutu Adjei, to conceal the origins of the illicit funds. Adjei remains at large and is being pursued by law enforcement.
Charges Filed
The 10 accused (7 individuals and 3 companies) face 25 criminal counts, including:
- Extortion by a Public Officer, under Section 151 of the Criminal Offences Act, 1960 (Act 29)
- Conspiracy to Commit Money Laundering, under Section 23 of Act 29 and Sections 1(1), 1(2), and 4 of the Anti-Money Laundering Act, 2020 (Act 1044)
- Money Laundering, under Sections 1(1), 1(2), and 4 of Act 1044
Next Steps
All apprehended individuals are expected to be arraigned before the High Court (Criminal Division) in Accra. The court date is yet to be confirmed. The OSP has called on institutions and the general public to remain vigilant and report any suspicious conduct as it continues its anti-corruption campaign.
Please download our HOTDIGITAL ONLINE APP and follow HotDigital Online on our social media platforms to stay updated on our upcoming initiatives.
#HotDigitalHealthAwareness #CommunityHealth #GhanaNursesAssociationUK #HealthMatters #HotDigitalOnline #StrongerTogether
