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Corruption charges against Mustapha Hamid, nine others expanded to 54

Republic Online by Republic Online
October 20, 2025
in Top Stories
Corruption charges against Mustapha Hamid, nine others expanded to 54
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The Office of the Special Prosecutor (OSP) has expanded the corruption case involving former Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, and nine others, raising the number of charges from 25 to 54 after discovering new evidence.

According to the amended charge sheet, the accused — comprising senior NPA officials and executives of linked companies — now face 54 counts of alleged extortion, abuse of public office, and money laundering involving GH¢297.57 million and US$332,407.47.

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The OSP alleges that the group extorted vast sums from Bulk Oil Distribution Companies (BDCs) and Oil Marketing Companies (OMCs) under the pretext of official duties, before laundering the proceeds through business fronts and property acquisitions to conceal their illicit origins.

Those charged by the OSP include Dr Mustapha Abdul-Hamid, Jacob Kwamina An-wan, Wendy Newman, Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah.

The implicated companies are Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.

The OSP has also confirmed the freezing and seizure of assets linked to the accused — including tanker trucks, fuel stations, residential properties, and parcels of land — collectively valued at over GH¢100 million.

Investigators allege that between 2022 and 2024, the accused operated a coordinated scheme targeting oil firms, channelling the proceeds into luxury vehicles, real estate, and fuel businesses.

The case, which has attracted national attention, has been adjourned to August 26, 2025, for substantive hearings.

Earlier, on July 23, Dr Abdul-Hamid was granted bail of GH¢2 million with two sureties, each earning a minimum net monthly salary of GH¢5,000. He is required to justify the bail and report to the OSP biweekly as investigations continue.

Tags: CorruptionKissi AgyabengMustapha HamidOffice of the Special ProsecutorOSP

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