The Lawyers for Dr Mustapha Abdul-Hamid, the former Chief Executive Officer of the National Petroleum Authority (NPA), have denied claims that the OSP has frozen their client’s assets worth over GH¢100 million.
In a statement issued by Hay & Partners at Law and signed by Hanifa Yahaya Esq., they boldly refuted such claims, arguing that their client owns no such assets valued at that amount directly or indirectly.
According to the Lawyers, the OSP is distorting facts and engaging in public theatrics and false reportage rather than focusing on thorough prosecution.
Part of the statement read, “Our client owns no such assets, directly or indirectly, and no property worth the stated amount exists anywhere in connection with him”.
“The OSP, as a public institution established under law, is reminded that its officers are bound by constitutional and ethical obligations to discharge their duties with fairness, integrity, and respect for the rights and dignity of all persons,” the statement read.
The lawyers added, “Engaging in public commentary that distorts facts before the court is inconsistent with those obligations and unbecoming of the prosecutorial office.”
“It is deeply regrettable that instead of complying with court orders, the OSP has chosen to engage in media sensationalism”.
Their statement comes following the Office of the Special Prosecutor (OSP) announcement of the seizure of assets valued at more than GH¢100 million and US$100,000 in the National Petroleum Authority (NPA) scandal case.
The OSP made this known in a sharp reply to a viral video of the former Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, who referred to the OSP case against him as useless.
A post by the OSP on social media detailed the facts behind his prosecution and why the State considers the case both serious and substantial.
In a sharp rebuttal, the OSP wrote, “Following a video in which the former Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, dismissed his ongoing criminal case as ‘useless,’ it is important to restate the facts behind his prosecution and why the State considers the case both serious and substantial.
Dr Abdul-Hamid, the first accused, is standing trial before the Criminal High Court in Accra on several counts of serious corruption and financial crimes”.
It further detailed the facts regarding his cases, “These include:
*Conspiracy to Commit Extortion by a Public Officer– jointly with two NPA officials, accused of plotting to extort GH¢291,574,087.19 and US$332,407.47 from bulk oil transporters and oil marketing companies between December 2022 and December 2024.
*Two Counts of Extortion by a Public Officer– an unlawful receipt of GH¢24 million and GH¢230,000 from oil transporters and haulage companies under the guise of official duties.
*Two Counts of Using Public Office for Profit– accused of abusing his office as NPA Chief Executive for private gain, unlawfully enriching himself with GH¢24 million and GH¢230,000.
*Money Laundering– found to be in possession of GH¢15,343,251.29, an amount disproportionate to his known legitimate income and suspected to be proceeds of crime.
In total, Dr Abdul-Hamid is alleged to have played a leading role in a grand extortion and laundering scheme that caused the State and petroleum sector losses exceeding GH¢291 million and over US$330,000”.
The OSP also revealed that Mustpha Hamid’s assets valued at more than GH¢100 million and US$100,000 have already been seized and frozen.
“The Office of the Special Prosecutor (OSP) has already seized and frozen assets valued at more than GH¢100 million and over US$100,000, with additional assets under active tracing. These actions are based on strong documentary, banking, and transaction evidence linking the proceeds to the alleged offences.
This case represents a major step in protecting public funds, ensuring accountability in the petroleum sector, and affirming that no public official is above the law. The seriousness of the charges and the scale of the alleged losses make this prosecution a critical test of Ghana’s commitment to fighting corruption”.
The statement concluded by adding that the case has been adjourned to Thursday, November 13, 2025, for the next court hearing.
See the statement below:
