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Kofi Akpaloo, the leader of the Liberal Party of Ghana (LPG), has said the government owes him significant funds for a road construction project.
Mr Akpaloo disclosed that the government owes him GH₵4.5million for a road construction project in Goaso, Ahafo Region.
He denied claims of mismanaged public funds, explaining that the road construction in question was entirely financed from his own resources.
Speaking on Morning Starr Friday, September 12, Akpaloo explained, “They [EOCO] themselves know that I’ve not committed any crime anywhere, not causing financial loss because the job I did, I used my own resources to build that road from scratch”.
“Even aside from the 4.5 million cedis the government is owing me, I’ve used my own money and resources to buy materials worth 4 million cedis to be able to tile the road for the people. They [government] haven’t been able to pay me,” he added, underscoring his point that no public funds were lost.
Also speaking in a separate interview on Adom FM, Kofi Akpaloo revealed that Appiah Stadium informed him he was going to be picked up by EOCO.
He added that he was ready for EOCO, so he packed his bags, preparing items he would need for a week.
He revealed, “After the military helicopter crash, I made certain comments, and I believe my detention was meant to punish me. Last Wednesday, September 3, EOCO came to my house in Kumasi to inform me that they needed me to assist in investigations.
“But Appiah Stadium had already told me that after the burial of the crash victims. I would be picked up by EOCO, so I should be ready. Because of that, I packed my bags and carried a few items I would need for a week, so I was there with my luggage,” Akpaloo narrated.
Mr Akpaloo has also claimed he was ordering food from Starbites and Mövenpick while at EOCO.
According to him, he had a good time in EOCO custody as he was on vacation.
Me Akpaloo is quoted by GHOne TV to have said, “I was ordering food from Starbites and Mövenpick while at EOCO. I had a good time”.
He further added, “ I was on a vacation at EOCO, it was a moment to stay off social media”.
He was released from EOCO custody on Thursday, September 11, 2025, after satisfying the conditions of a GH¢10 million bail granted to him.
In a video on social media, Akpaloo walked out of EOCO’s premises in Accra, receiving hugs from friends and loved ones.
Meanwhile, the General Secretary of the LPG, Jerry Owusu, has shed light on the circumstances surrounding the detention of the party’s founder, Kofi Akpaloo, by EOCO.
Jerry Owusu explained that Akpaloo allegedly used a friend’s company documents to secure a COCOBOD road construction contract, but the friend embezzled about 1.3 million cedis of the funds.
According to him, the resulting misunderstanding prompted Akpaloo to transfer the funds into another account for safekeeping, an action that has led EOCO to interrogate him on suspicion of money laundering.
However, Justice Srem Sai, the Deputy Attorney General and Minister of Justice, has revealed why LPG founder Kofi Akpaloo is in the Economic and Organised Crime Office (EOCO) custody.
According to the deputy AG, Kofi Akpaloo is under investigation for allegations of various financial crimes, including fraud, causing financial loss to the State, dissipation of public funds, and money laundering.
In a social media post on X, Justice Srem Sai stated, “Suspect PERCIVAL KOFI AKPALOO is under investigation on allegations of various financial crimes (including fraud, causing financial loss to the State, dissipation of public funds, and money laundering).
EOCO officials arrested him on Wednesday, September 3, 2025. He has, however, been granted police bail with the following conditions: GHC 10 million bond with 2 sureties to be justified.
The suspect remains in the custody of EOCO pending the fulfilment of the bail conditions”, he added.