A detailed list of properties and assets linked to former National Petroleum Authority (NPA) Chief Executive, Dr Mustapha Hamid, has surfaced following their confirmation by the court.
The assets include cash, fuel stations, lands, residential properties, apartments and 23 fuel tanker trucks, with several of the properties valued at millions of Ghana cedis.
According to a list published by Ghana Chronicles, the assets linked to the former NPA boss include:
- GH¢951,995.56 in cash
- Four fuel stations located at Opeikuma, Dansoman, Abeka Lapaz and Millennium City
- Land in Tamale valued at GH¢9.93 million
- Land at Haatso valued at GH¢2.737 million
- Land at Danyame, Kumasi valued at GH¢4.766 million
- Land at Adenta, which is yet to be valued
- A two-storey residential building at East Legon valued at GH¢12.713 million
- A two-storey building at Adjiringanor valued at GH¢10 million
- A six-unit residential block at Agbogba valued at GH¢10 million
- Apartments at Airport Residential Area, Boundary Road, Roman Ridge, The Signature, The Lennox, The Bantree and The Address
- Uncompleted apartment developments at Airport City and Roman Ridge
- 23 fuel tanker trucks
In related news, the information gathered suggests the Office of the Special Prosecutor (OSP) is set to rely on bank and mobile money accounts and documents in its criminal case against former National Petroleum Authority (NPA) Chief Executive, Mustapha Hamid, and other accused persons.
According to reports, the OSP is expected to rely on financial records, including bank and mobile money accounts and related transactions, to establish the movement of funds linked to the alleged offences.
Hundreds of documents are also expected to form part of the evidence the OSP will present in support of its case.
The NPA scandal case involves officials of the NPA and several associated companies who are facing charges including alleged large-scale extortion, abuse of public office and money laundering.
The OSP alleged offences involve sums totalling approximately GH¢291 million and more than US$300,000.
Some months ago, the OSP disclosed that it has amended the charges against former Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, and nine others.
According to the OSP statement, the number of accused persons in the Republic v. Mustapha Abdul-Hamid & 9 Others case has been increased from 25 to 54 following the discovery of new evidence from ongoing investigations.
The OSP statement read, “The Republic has filed 54 criminal charges against officials of the National Petroleum Authority (NPA) and several associated companies for alleged large-scale extortion, abuse of public office, and money laundering, totalling GHo291,574,087.19 and US$332,407.47 respectively.
The accused are alleged to have extorted hundreds of millions of cedis and foreign currency from bulk oil transporters and oil marketing companies under the guise of official duties, and subsequently laundered the proceeds through property acquisitions and business entities to conceal their illicit origins”.
The accused persons are Mustapha Abdul-Hamid, Jacob Kwamina Amuah, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, Kwaku Aboagye Acquaah, Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.
The Office of the Special Prosecutor (OSP) statement also disclosed assets seized and frozen pending trial, “Vehicles, including tanker trucks, fuel stations, houses, apartments, and parcels of land valued at over GHc100 million”.
Background
Mustapha Abdul-Hamid, Jacob Kwamina Amuah, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, Kwaku Aboagye Acquaah, Propnest Limited, Kel Logistics Limited, and Kings Energy Limited have been accused of alleged large-scale extortion, abuse of public office, and money laundering amounting to GH¢297,574,087.19 and US$332,407.47.
Dr Mustapha Hamid, the first accused, has been accused of orchestrating a large-scale corruption scheme within the petroleum sector between 2022 and 2024.
They have been accused of laundering funds funnelled into luxury properties, vehicles, and fuel stations through a coordinated scheme that targeted Oil Marketing Companies (OMCs) and Bulk Oil Distribution Companies (BDCs).
See the post below:
THROWBACK: The list of Former NPA Boss, Mustapha Hamid’s properties confirmed by court 1. GH¢951,995.56 in cash 2. Four fuel stations at Opeikuma, Dansoman, Abeka Lapaz and Millennium City 3. Land in Tamale valued at GH¢9.93 million 4. Land at Haatso valued at GH¢2.737 million 5. Land at Danyame, Kumasi valued at GH¢4.766 million 6. Land at Adenta, yet to be valued 7. Two-storey residential building at East Legon valued at GH¢12.713 million 8. Two-storey building at Adjiringanor valued at GH¢10 million 9. Six-unit residential block at Agbogba valued at GH¢10 million 10. Apartments at Airport Residential Area, Boundary Road, Roman Ridge, The Signature, The Lennox, The Bantree and The Address 11. Uncompleted apartment developments at Airport City and Roman Ridge 12 . 23 fuel tanker trucks
— GHANA CHRONICLES (@_GhChronicles) October 6, 2026
@ghnow_ Nana Akua Addo’s husband, Harold, has released a video alleging that his wife assaulted him, leaving him with an injured mouth and torn clothes. #GHNow #fyp ♬ original sound – GHnow
@ghnow_ Okatakyie Afrifa alleges that the proposed amendment is designed to serve the interests of certain individuals. #GHNow #fyp ♬ original sound – GHnow
