Solomon Owusu, a leading member of the Movement for Change, has said the money involved in the National Service Authority ghost names and fraud scandal is enough to open a bank in Ghana.
According to Solomon Owusu, in Ghana, the minimum capital requirement one needs to run a bank is GH¢400 million, which means Osei Assibey, the Former Executive Director, is a bank plus GH¢100 million.
He further urged, the magnitude of the money involved suggests that the two could not have acted alone and called on them to mention names.
Speaking on a panel discussion on Angel TV on October 14, 2025, Solomon Owusu stated, “The money involved in the NSA scandal is enough to open a bank…some of the banks that collapsed didn’t even have the minimum capital requirement, and in Ghana, you need GH¢400 million to open a bank. So that means Assibey is a bank plus GH¢100 million”.
The question is the money what did they use it for? Do you think Assibey and Gifty alone spent such huge sums? I will plead with them; they shouldn’t die alone or take the blame alone. They should mention names we are pleading with them so we can reduce some of these things for them,” he added.
He further added, “When we were going through hardship in the country, some people turned into motivational speakers, stealing our money”.
Solomon Owusu’s comments come after Osei Assibey Antwi, the immediate past Executive Director of the National Service Authority (NSA), has been charged with 14 counts.
His charges included causing financial loss to the Republic, stealing, and money laundering, in a case involving more than GH¢500 million.
According to the charge sheet, Osei Assibey Antwi is accused of authorising payments to over 60,000 non-existent national service personnel and misappropriating public funds.
The former NSS boss is facing multiple counts under sections “179A(1) and 124(1) of the Criminal Offences Act, 1960 (Act 29) and section 1(2)(c) of the Anti-Money Laundering Act, 2020 (Act 1044)”.
Prosecutors allege that the former NSA boss “willfully caused financial loss of GH¢500,861,744.02 to the Republic by authorising the payment of allowances to over 60,000 “ghost” service personnel between August 2021 and February 2025. Also facing six counts of stealing.
The theft includes, “GH¢3.6 million on August 22, 2023, GH¢516,000 each on September 11, October 26, and November 23, 2023, GH¢1.03 million on December 18, 2023, GH¢2.06 million on May 14, 2024.
He has also been accused of transferring GH¢8.26 into his personal account.
Also, Gifty Oware-Mensah, who is a Deputy Director-General of the National Service Authority, has been charged with stealing and willfully causing financial loss to the state.
The Attorney-General’s Department alleged Gifty Oware-Mensah misappropriated a total of GH¢38,458,248.87 between February 2022 and March 2024, overseeing finance, audit, and procurement at the NSA.
According to prosecutors, she dishonestly transferred GH¢31.5 million from a loan facility meant to support National Service Personnel into her private company accounts.
The said money was under the pretext of supplying goods on a hire-purchase basis; however, investigation revealed no such goods were supplied, and the names used to secure the loan were ghost names from the NSA’s internal system.
AG also alleged, “Out of the money received, the accused transferred GH¢22,925,518,69 to Amaecom Global Company of which she was a director, and the remaining amount to three other companies.”
Gifty Oware-Mensah’s charges include “Stealing GH¢31,502,091.40 belonging to the National Service Authority. Willfully causing financial loss to the state through the fake hire-purchase arrangement, Abuse of public office for personal gain and Money laundering through the transfer of funds into personal and affiliated accounts”.
Watch the video below:
“The money involved in the NSA Scandal is enough to open a bank”
— SIKAOFFICIAL🦍 (@SIKAOFFICIAL1) October 14, 2025
-Solomon Owusu on the alleged National Service Authority ghost names and fraud scandal involving former Deputy Director General, Gifty Oware-Mensah and the Former Executive Director, Osei Assibey. pic.twitter.com/P2Z2rFWX7p
