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OSP heaps more counts on Mustapha Hamid, nine others; charges now stand at 54

NewsOSP heaps more counts on Mustapha Hamid, nine others; charges now stand at 54

The Office of the Special Prosecutor (OSP) has revealed it has amended the charges against former Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, and nine others.

According to the OSP statement, the accused persons in the Republic v. Mustapha Abdul-Hamid & 9 Others case has been increased from 25 to 54 following the discovery of new evidence from ongoing investigations.

The OSP statement read, “The Republic has filed 54 criminal charges against officials of the National Petroleum Authority (NPA) and several associated companies for alleged large-scale extortion, abuse of public office, and money laundering, totalling GHo291,574,087.19 and US$332,407.47 respectively.

The accused are alleged to have extorted hundreds of millions of cedis and foreign currency from bulk oil transporters and oil marketing companies under the guise of official duties, and subsequently laundered the proceeds through property acquisitions and business entities to conceal their illicit origins”.

The accused persons are Mustapha Abdul-Hamid, Jacob Kwamina Amuah, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, Kwaku Aboagye Acquaah, Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.

The Office of the Special Prosecutor (OSP) statement also disclosed assets seized and frozen pending trial, “Vehicles, including tanker trucks, fuel stations, houses, apartments, and parcels of land valued at over GHc100 million”.

Background

Mustapha Abdul-Hamid, Jacob Kwamina Amuah, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, Kwaku Aboagye Acquaah, Propnest Limited, Kel Logistics Limited, and Kings Energy Limited have been accused of alleged large-scale extortion, abuse of public office, and money laundering amounting to GH¢297,574,087.19 and US$332,407.47.

Dr Mustapha Hamid, the first accused, has been accused of orchestrating a large-scale corruption scheme within the petroleum sector between 2022 and 2024.

They have been accused of laundering funds funnelled into luxury properties, vehicles, and fuel stations through a coordinated scheme that targeted Oil Marketing Companies (OMCs) and Bulk Oil Distribution Companies (BDCs).

Earlier, the case was adjourned to August 26, 2025, for substantive hearings to commence.

The former NPA CEO, Dr Abdul-Hamid, on July 23, was granted bail in the sum of GH¢2 million.

As part of his bail, he was required to produce two sureties which each earning a net monthly salary of not less than GH¢5,000.

He was also mandated to report himself to the OSP once every two weeks.

Jacob Kwamena Amuah, Coordinator of the Unified Petroleum Pricing Fund, and Wendy Newman, an NPA employee, were also granted bail under the same conditions are his co-accused, with all three pleaded not guilty to charges.

Also, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquah were also granted GH¢2 million each.

They were required to present three sureties with one landed property and also report to the OSP every two weeks.

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