The High Court has fixed February 22 to deliver its decision on an application by the Economic and Organised Crime Office (EOCO) seeking the confiscation of assets belonging to former New Patriotic Party (NPP) Ashanti Regional Chairman, Bernard Antwi Boasiako, popularly known as Chairman Wontumi.
The application is linked to the ongoing Eximbank fraud case involving the businessman and politician.
In a news card shared by TV3, the broadcaster reported that the court had scheduled February 22 to rule on EOCO’s request to seize Wontumi’s assets.
It stated, “High Court sets February 22 to rule on EOCO’s bid to confiscate Wontumi’s assets”
Meanwhile, Chairman Wontumi has pleaded not guilty to five charges in connection with the alleged fraudulent procurement of a GH¢30 million loan from the Ghana Exim Bank.
Following Wontumi’s not guilty plea, the case has been adjourned to Tuesday, October 27, 2026, at 11 a.m. for a case management conference, with the prosecution given 14 days to file the relevant disclosures.
Wontumi, together with two others, was arraigned on a new charge sheet filed on September 22, 2026, over the loan obtained in 2018.
The five counts include defrauding by false pretence, two counts of uttering forged documents, money laundering, and intentionally causing financial loss of GH¢30 million to a public body.
Wontumi denied all the charges and has since been returned to Nsawam Maximum Security Prison, where he is serving a 20-year sentence.
Earlier, the Accra High Court had ordered the prosecution to file disclosures within 14 days after plea bargain negotiations in Chairman Wontumi’s alleged GH¢30 million EXIM Bank fraud case ended without an agreement.
Reports disclosed that the negotiations ended after the State rejected a proposal put forward by Wontumi’s legal team.
Following the failure to reach an agreement, the Accra High Court ordered the prosecution to file its disclosures within 14 days.
The disclosure process requires the prosecution to provide the defence with the evidence and documents it intends to rely on at trial.
Wontumi’s alleged GH¢30 million EXIM Bank fraud case will now move forward, with the prosecution expected to file its disclosures within 14 days.
It will be recalled that Chairman Wontumi was slapped with fresh charges over a GH¢30m Exim Bank loan case.
He was slapped with fresh charges, including fraud by false pretence.
Wontumi, Thomas Antwi-Boasiako (at large) and Wontumi Farms Limited are facing four counts of charges per the charge sheet filed on Friday, May 15, 2026.
The charge sheet filed on Friday, May 15, 2026, signed by Deputy Attorney General Dr Justice Srem-Sai, detailed that “Chairman Wontumi is personally facing three of the four counts of the charge of defrauding by false pretence, contrary to Section 131 of the Criminal Offences Act, 1960 (Act 29); uttering of a forged document, contrary to Section 169 of the Criminal Offences Act, 1960 (Act 29); and money laundering, contrary to Section 1(2)(c) of the Anti-Money Laundering Act, 2020 (Act 1044)”.
“Together with Thomas Antwi-Boasiako and Wontumi Farms Limited, they are facing the charge of intentionally causing financial loss to a public body, contrary to Section 179A(2) of the Criminal Offences Act, 1960 (Act 29)”, Starr FM stated.
See the post below:
The High Court has scheduled February 22 to deliver its ruling on EOCO’s application to confiscate assets belonging to Wontumi in connection with the Eximbank fraud case. #3NewsGH #TV3GH https://t.co/hweh0jOEWO
— #TV3GH (@tv3_ghana) October 30, 2026
@ghnow_ Media personality Nana Ama McBrown heaps praises on blogger Kobby Kyei for his impressive career and achievements in the media industry at the Content with Purpose event at the French Embassy. #GHNow #fyp ♬ original sound – GHnow
@ghnow_ Media personality Nana Ama McBrown advises content creators and online journalists to be genuine in their pursuit of money as she speaks at the Content with Purpose training event at the French Embassy. #GHNow #fyp ♬ original sound – GHnow
