The Economic and Organised Crime Office (EOCO) has clarified the probe into Mr Kevin Okyere, Chief Executive Officer and promoter of Springfield Energy.
EOCO, in its statement, clarified that the claim made by the news portal Norvanreport.com that Kevin Okyere was arrested because EOCO failed to act on a petition is false.
According to EOCO, there are two active investigations involving Mr Kevin Okyere, the promoter of Springfield Energy.
On Sunday, November 2, 2025, EOCO, in a statement read, “The Economic and Organised Crime Office (EOCO) has taken notice of a publication by online news portal “Novareport” alleging that one Kevin Okyere, CEO and promoter of Springfield Energy, has been arrested and or detained in Dubai following what the news portal claims is EOCO’s failure to act on a petition alleging defrauding by false pretense.
Contrary to the claims made by Novareport, EOCO has two active investigations involving Springfield Energy. The first is a petition against Springfield Energy, and the second is an explosive case between BOST and Springfield Energy. It is the policy directive of the leadership of EOCO that investigations must precede arrest and not the reverse”.
They added, “We wish to emphasise that the case involving BOST and Springfield is of priority to EOCO due to its immediate impact on BOST’s finances and the local economy.
Though EOCO does not comment on active investigations, it is regrettable that Novareport did not seek clarification from EOCO before running the false story.
EOCO assures the public that it is committed to investigating and prosecuting economic and organised crimes in Ghana. And we will continue to work diligently to achieve our mandate.
We urge the public to disregard the false claims made by Novareport and to note that EOCO is actively working on not one, but two investigations involving Springfield Energy”.
EOCO statement comes following reports, Kevin Okyere has been arrested and detained in Dubai, over an alleged $90million fraud.
Reports suggest Kevin Okyere was arrested on November 1, 2025, on arrival in Dubai for a business meeting.
Mr Okyere arrest is in connection to what is described as a “systematic and orchestrated economic crime” involving nearly US$93 million allegedly perpetrated by Springfield Exploration & Production Limited and GMP Energy Limited, both Ghanaian oil companies, along with their senior executives.
In June 2025, the Economic and Organised Crime Office (EOCO) and the Criminal Investigation Department of the Ghana Police here received a petition Swiss energy trader, Petraco investigate and prosecute Mr Kevin Okyere.
According to the petition, dated 16 May 2025 and signed by Alberto G. Salsiccia, Chief Financial Officer of Petraco Oil Company SA, Springfield, GMP Energy, and their key officers, Kevin Okyere, Geena Malkani Punjabi, and Emmanuel Ansah Bernasko are conducting a sophisticated fraud scheme through “calculated deception and abuse of business relationships” in Ghana’s petroleum sector.
The petition stated that Kevin Okyere-led Springfield and GMP together with it collaborators committed a petroleum products fraud totalling over US$30 million, and a unitisation loan fraud amounting to at least US$63 million.
See the statement below:
