A video of embattled former Buffer Stock CEO Abdul‑Wahab Hanan’s $1.6 million five-bedroom house at Chain homes has surfaced online following the Attorney General’s accusations.
The viral video shared by Ghana Chronicles showed the exterior of the $1.6 million five-bedroom house at Chain homes, which is part of Abdul-Wahab Hanan’s high-value properties acquired through allegedly misappropriated state funds.
Hanan Abdul-Wahab is at the centre of a major corruption scandal involving the alleged acquisition of high-value properties.
The Attorney General, Dr Ayine, accused Hanan Abdul-Wahab of acquiring luxury assets by misappropriating public funds during his tenure.
According to the Attorney General, the Economic and Organised Crime Office (EOCO) have traced several properties and bank transactions linked to Abdul-Wahab.
Speaking at the press briefing on Wednesday, October 22, 2025, Dr Dominic Ayine detailed, “As is typical of all investigations conducted by the EOCO, contemporaneous tracing of the proceeds of crime has been undertaken and can confirm that the couple purchased a number of high-end real estate properties from their ill-got wealth”.
“Five-bedroom house bought from Chain Homes Limited between February 2019 and December 2020 at a cost of $1,625,000. Of this amount, Ghs5,758,165.00 (equivalent to $230,841.00) was paid directly from the accounts of the investigated entities. The balance was paid in cash to Chain Homes by the couple.
In July 2020, the couple purchased a 3-bedroom house at Cantonments from Golden Coast Developer Ltd at a cost of $600,000.00 using two of their companies- Fa-Hausa Ventures (owned by the wife) and Fa-Hausa Company Limited (owned jointly by the couple). The land documents are registered in the name of the wife”.
Between October 2019 and February 2021, the couple purchased plots at Finali’s Airport development site for USD $750,000.00. The total payments were made in cash in the name of Faiza Seidu Wuni. Subsequently, in July 2021, Faiza Seidu Wuni signed a contract with a construction company, Mendanha and Sousa Construction Ltd, at a cost of USD$691,650.00 to construct the shell and core of the building. This excludes the cost of architectural designs from Ansara Architecture Pty Ltd, based in South Africa. The building sitting on three plots is now estimated to be valued at about USD$2,5000,000.00.
The couple purchased 0.32-acre government land from one Anthony Duke Essien, a known government land sales agent named in both the demolition of the Nigerian High Commission and the Sale and demolition of the Bulgarian Consulate. Duke Essian used his sister Antoinette Tsiboe Darko, a staff of the Danquah Institute, as a front, to purchase from the Ministry of Lands and the Land Commission at a price of Ghs307,200. Duke Essien then instantly sold the land to Hanan Abdu-Wahab and received about Ghs2,567,000.00.
The payment came from the criminal proceeds from Buffer Stock through Sawtina Enterprise, through Alqarni Enterprise and Hanan himself to Anthony Duke Essien. On the instruction of his brother, Duke Essien, Antoinette then wrote to the Land Commission in March 2020 to instruct them that the lease should be in the name of Hanan Abdul-Wahab.
In May 2020, she made a U-turn and wrote to the Lands Commission to withdraw the documents bearing the name of Hanan Abdul-Wahab and now replace it with his wife, Faiza Seidu Wuni. The couple developed four units of 4-bedroom apartments on the said land. The property is yet to be valued”.
The Attorney General further detailed that he has frozen all these assets and will be taking steps to have them confiscated by the state in the course of the criminal proceedings.
Some Ghanaians have reacted to the video saying, “How can you hold a public office for 8 years and build a house like this, then expect not to be investigated. Where do you get the money? If not for corruption and a bad system, most public servants would be in jail for how they steal with impunity”.
One more netizen wrote, “This is just an ordinary head of SoE or agency! Imagine cabinet ministers and people close to Nana Addo!!
The last 8 years saw merciless rape of the public purse! The unfortunate part is this is what they show us publicly, what these modasuckas politicians have piled up eeh”.
A netizen also added, “Herrrr.. come to think of it, anyone in such a position should rather live a moderate and simple life. Did he even understand the meaning of the position? Akuffo Addo and his appointees really ripped off this country”.
Watch the video below:
Abdul Wahab Hannan, former CEO of Buffer Stock, house at the Airport. pic.twitter.com/V5FryskMTo
— Ghana Chronicles (@_GhChronicles) October 25, 2025