• About Us
  • Privacy Policy
  • Terms Of Use
Monday, September 7, 2026
Republic Online
No Result
View All Result
  • Home
  • Politics
  • Business
    • Agriculture
    • Banking and Finance
    • Economy
    • Energy
    • Mining
    • Real Estate
    • Technology
    • Tourism and Hospitality
  • Top Stories
  • Local News
    • Crime
    • Education
    • Health
    • Lifestyle
  • Sports
  • Entertainment
  • International
    • Africa
  • Home
  • Politics
  • Business
    • Agriculture
    • Banking and Finance
    • Economy
    • Energy
    • Mining
    • Real Estate
    • Technology
    • Tourism and Hospitality
  • Top Stories
  • Local News
    • Crime
    • Education
    • Health
    • Lifestyle
  • Sports
  • Entertainment
  • International
    • Africa
No Result
View All Result
Republic Online
No Result
View All Result
Home General

Mustapha Hamid denies involvement in ¢280m OSP extortion allegations

Republic Online by Republic Online
July 17, 2025
in General, Top Stories
Mustapha Hamid denies involvement in ¢280m OSP extortion allegations
Share on FacebookShare on XShare on WhatsApp

The legal team representing former National Petroleum Authority (NPA) Chief Executive Dr. Mustapha Abdul-Hamid has issued a strong rebuttal against corruption charges filed by the Office of the Special Prosecutor (OSP), asserting their client has not been formally served with court documents despite widespread media reports of a 25-count indictment.

In a press statement dated July 17, 2025, Hay & Partners At Law declared: “As at the time of issuing this press statement, our client has not been charged before any court of competent jurisdiction. We are yet to sight any charge sheet.”

 

The legal team emphasised their client’s readiness to vigorously contest what they describe as unsubstantiated allegations.

 

The dispute centres on dramatically different narratives between the prosecution and defence. While the OSP alleges Abdul-Hamid conspired with NPA officials to extort GH₵280.51 million from oil marketing companies between 2022 and 2024, his lawyers highlight what they term a pattern of shifting accusations.

 

 

The defence noted that initial OSP claims in February 2025 alleged embezzlement of GH₵1.3 billion from the Unified Petroleum Pricing Fund (UPPF), which later transformed into accusations of UPPF mismanagement and procurement breaches, before finally settling on the current extortion charges involving a significantly smaller amount.

 

Abdul-Hamid’s legal representatives presented audited financial records showing substantial growth in NPA accounts during his tenure.

READ ALSO

Gov’t announces nationwide new biometric sim re-registration exercise

TV networks to pay $7000 monthly broadcasting charges effective 2027 – Gov’t 

September 7, 2026

35,887 unplaced BECE candidates to access SHS self-placement – Dr. Apaak

September 7, 2026

 

 

According to their submission, the UPPF grew from GH₵53.2 million in 2021 to GH₵1.14 billion by December 2024, while the Price Differential Margin account recovered from a negative GH₵18.4 million to a positive GH₵470.6 million over the same period.

 

“Our client served the nation with utmost integrity and competence,” stated lawyer Hanifa Yahaya, citing widespread industry recognition of Abdul-Hamid’s leadership. The defence maintains these financial improvements contradict allegations of misconduct.

 

 

The OSP’s case alleges a complex scheme where Abdul-Hamid allegedly received GH₵24 million directly, with GH₵227.23 million routed through NPA staff member Wendy Newman. Prosecutors claim the funds were laundered through three companies – Propnest Ltd, Kel Logistics, and Kings Energy – to acquire real estate, fuel trucks, and construct petrol stations.

 

Eight other individuals and three corporate entities face related money laundering charges, with one accused, Osei Tutu Adjei, currently evading authorities. The case represents one of Ghana’s most significant corruption prosecutions in recent years, testing the effectiveness of the country’s anti-corruption framework.

 

 

As the legal battle looms, Abdul-Hamid’s team remains defiant: “Our client categorically denies initiating or being involved in any extortion scheme… and further denies receiving any personal benefit.” With both sides preparing for court, the case promises to be a landmark examination of accountability in Ghana’s petroleum sector.

 

Source: Graphic Online

Tags: Mustapha HamidNPAOSP

RELATED NEWS

GARID advises motorists to avoid Kaneshie amid Pamprom road closure
General

GARID advises motorists to avoid Kaneshie amid Pamprom road closure

September 7, 2026
One dead after cow triggers panic on Volta Lake canoe
General

One dead after cow triggers panic on Volta Lake canoe

September 7, 2026
Ghana water announces Weija Dam spillage from September 9
General

Ghana water announces Weija Dam spillage from September 9

September 7, 2026
E/R: Two drown in Birim River
General

5-year old girl drowns in uncovered manhole in Winneba

September 7, 2026
Avoid making political statements – Catholic Bishops’ Conference to CJ
Top Stories

Avoid making political statements – Catholic Bishops’ Conference to CJ

September 7, 2026
Xenophobia: Gov’t completes evacuation of 1,900 Ghanaians from South Africa 
Top Stories

Okudzeto addresses nation on successful evacuation of 1,900 Ghanaians from South Africa today 

September 7, 2026
Next Post
Ghana to export nurses and teachers to Jamaica in new bilateral agreement

Gov't settles January to June allowance for nursing trainees

RECOMMENDED FOR YOU

Pig kidneys successfully transplanted into humans

Pig kidneys successfully transplanted into humans

2 days ago
Birim North DCE presents special awards to 46 2026 Best performing BECE students

Birim North DCE presents special awards to 46 2026 Best performing BECE students

2 days ago
President Mahama reveals plans to refresh cedi

Cedi turnaround driven by BoG interventions – World Bank

5 days ago
Birim North DCE presents special awards to 46 2026 Best performing BECE students

Birim North DCE shares educational materials to SHS freshers 

2 days ago
3 killed, 15 injured as violence erupts in New Winneba

3 killed, 15 injured as violence erupts in New Winneba

6 days ago
Desist from your public commentary on government’s performance – Dr. Manteaw tells Chief Justice

Desist from your public commentary on government’s performance – Dr. Manteaw tells Chief Justice

4 days ago

FOLLOW US

  • 34k Fans
  • 1k Followers
  • 130.1k Followers
  • 270 Followers
  • 8.2k Subscribers

BROWSE BY CATEGORIES

  • Africa
  • Bryan Acheampong
  • Business
  • Entertainment
  • General
  • International
  • kwahu
  • Lead story
  • Local News
  • Newspapers
  • Politics
  • Review
  • Sports
  • Top Stories
  • Uncategorized

BROWSE BY TOPICS

Accra Circuit Court Akufo Addo arrested Ashanti Region Black Stars Chronicle Court Crusading Guide Daily Dispatch Daily Graphic Daily Guide Daily Statesman dead Dr. Bryan Acheampong Dr. Mahamudu Bawumia Finance Minister Frontpages Galamsey Ghana Ghanaian Times Ghana Police Service Headlines John Dramani Mahama Ken Ofori-Atta Mahama Man Metro Lens Minister for Lands and Natural Resources Nana Addo Dankwa Akufo-Addo National Democratic Congress (NDC) NDC New Patriotic Party New Patriotic Party (NPP) Newspaper Newspaper headlines Nigeria NPP Parliament Police President Akufo Addo President John Dramani Mahama Publisher Republic Press Republic Press Newspaper Speaker of Parliament

POPULAR NEWS

  • Nuhu Bayorbo Mahama appointed new Students Loan Trust fund CEO 

    Nuhu Bayorbo Mahama appointed new Students Loan Trust fund CEO 

    0 shares
    Share 0 Tweet 0
  • Accra-Kumasi highway by-passes progressing steadily – Amoako-Atta

    0 shares
    Share 0 Tweet 0
  • NPP Primaries: Frank Ahimah Mireku picks number 3 on ballot paper

    0 shares
    Share 0 Tweet 0
  • We don’t have any campus operating in Nigeria – Management of UCC

    0 shares
    Share 0 Tweet 0
  • 2023 RTP Awards: List of winners announced

    0 shares
    Share 0 Tweet 0

About

Republic Online delivers breaking news, politics, business, and social stories from Ghana and around the world. We are committed to accurate journalism, transparency, and public interest reporting.

Follow us

All Topics

  • Africa
  • Bryan Acheampong
  • Business
  • Entertainment
  • General
  • International
  • kwahu
  • Lead story
  • Local News
  • Newspapers
  • Politics
  • Review
  • Sports
  • Top Stories
  • Uncategorized

News Updates

  • TV networks to pay $7000 monthly broadcasting charges effective 2027 – Gov’t 
  • 35,887 unplaced BECE candidates to access SHS self-placement – Dr. Apaak
  • GARID advises motorists to avoid Kaneshie amid Pamprom road closure
  • One dead after cow triggers panic on Volta Lake canoe
  • Ghana water announces Weija Dam spillage from September 9
  • 5-year old girl drowns in uncovered manhole in Winneba
  • New 4-year bond attracts GH¢4.46bn in bids
  • Avoid making political statements – Catholic Bishops’ Conference to CJ

Copyright © 2026 Republic Online. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • 2020 Elections (Archive)
  • 2024 Elections
  • Africa
  • Bryan Acheampong
  • Business
  • Crime
  • Entertainment
  • General
  • kwahu
  • Lead story
  • Local News
  • Newspapers
  • Politics
  • Review
  • Sports
  • Top Stories

Copyright © 2026 Republic Online. All rights reserved