The Chief Executive Officer of Mobus, Mr Kojo Ansah Mensah, has revealed Sir Sam Jonah, Victor Quainoo, and he were charged with 26 counts of fraud over River Park Estate on June 26.
According to Mr Kojo Ansah Mensah, they were charged despite ongoing legal proceedings regarding the River Park Estate.
Speaking on JOYNEWS, Kojo Ansah Mensah explained, “The Ghana High Commission wrote for a certified true copy of that report three times; that panel, till today, has not been made public. Out of nowhere, on June 26, it was on TV that the South African, Ogonuwa, Paul Odili being paraded by the Nigerian Police. That they have concluded the investigation and have charged Sir Sam Jonah, myself, Victor Quainoo and the company’s secretary with 26 counts of fraud, my God.
I was in America when this happened, and I quickly got on a plane and came to Ghana, met with officials of the government and met the IGP on July 2nd. In the presence of Baba Jamal, they threatened to arrest Sir Sam in the IGP’s office; everything that happened was recorded. IGP was the one who chaired the meeting”.
He added, “They were now portraying a letter saying Sir Sam says Obansanjo have him the land, and they interviewed the former president, and he said he did not give any land. Meanwhile, they have never made that letter public.
First of all, the Nigerian President cannot give land; the land is given by the Minister of State, so they are just using semantics and wordplay to justify and call Sir Sam a liar. Even Sir Sam Jonah said Obasanjo gave him land that they never contested, that Jonah Capital was given land; his association with Jonah Capital is what is in dispute”.
Ghanaian business tycoon Sir Sam Jonah and Nigerian Paul Odili are in a legal tussle over the ownership of the River Park Estate.
Meanwhile, Sir Sam Jonah has filed several petitions over the illegal takeover of two of his businesses in Nigeria, JonahCapital Nigeria Ltd and Houses for Africa Nigeria Ltd.
According to his petition, the illegal takeover is allegedly orchestrated by a prominent Nigerian businessman, Paul Odili, owner of Paulo Homes.
His petition is addressed to Ghana’s Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, and Nigeria’s Minister of Industry, Trade and Investment.
Parts of the Petition read, “However, just before the SIP report could be given to the parties, Paulo Homes clandestinely requested a further investigation of the petition and complaint already investigated by the SIP vide a petition dated April 10, 2025, to the IGP Monitoring Unit (how a report that is yet to be released to any of the parties could be the subject of Paul Odili’s later petition, which in effect is an appeal/review of the SIP report, remains a mystery to us). The IGP Monitoring Unit interestingly approved the said petition on the same date of April 10, 2025, that the petition was submitted to them.
“DCP Akin Fakorede, of the IGP Monitoring Unit, single-handedly jettisoned what the ten-man SIP panel painstakingly investigated and hurriedly generated a second investigation report, which was released via a telecast on June 27, 2025. The said report shockingly indicted Sir Sam and other officers of the company, and further declared Paul Odili of Paulo Homes the owner of River Park Estate, even when he is aware that the ownership is being contested”.
It added, “While JONAHCAPITAL NIGERIA LIMITED is the sole holder of the Development Lease Agreement, it recognised other third-party developers, including Common Consult operated by Adeniran Ogunmuyiwa (140 hectares) and Paulo Homes operated by Paul Odili (66 hectares). Each party operated within its allocation and exclusive of the other. It was the encroachment of Common Consult and Paulo Homes into the portions of land belonging to Sir Sam Esson Jonah (JONAHCAPITAL NIGERIA LIMITED and HFA, Nigeria) that has further deepened the crisis in River Park Estate.
“However, Paul Odili has consistently misrepresented to unsuspecting members of the public that he is the owner of River Park Estate, JonahCapital Nigeria Limited and Houses for Africa Nigeria. He has also falsely held out himself to government agencies, particularly FCTA and all other departments under it, as the owner of River Park Estate. Paul Odili and his company, Paulo Homes, have been illegally interfering with the proprietary interest of JONAHCAPITAL NIGERIA LIMITED and HFA, Nigeria, to unlawfully apply for and collect land title documents (Rights of Occupancy/Certificates of Occupancy), sell lands, and develop areas belonging to JONAHCAPITAL NIGERIA LIMITED and HOUSES FOR AFRICA NIGERIA LIMITED using letterheads dishonestly without our consent or authority. With this malicious misrepresentation,” he said.
He added, “Paul Odili has wrecked serious havoc on our business interest in River Park Estate, including selling our properties in excess of 120 hectares in various clusters of the estate, such as Clusters 1A and 5A.”
He further urged the Foreign Minister “to, in the course of these engagements, demand the immediate reversal of the unlawful alterations to preserve our assets from being dissipated while the cases in court are being determined” and to “alert ECOWAS of the breach of regional investment protections.”
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Kojo Ansah Mensah says Nigerian police charged Sir Sam Jonah, Victor Quainoo, and himself with 26 counts of fraud over River Park Estate on June 26, despite ongoing legal proceedings.#ThePulse #JoyNews #SirSamJonah #Nigeria #Ghana #News #ECOWAS pic.twitter.com/zw78r3HMJC
— JoyNews (@JoyNewsOnTV) December 18, 2025