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The Office of the Special Prosecutor (OSP) has disclosed significant progress in its efforts to recover suspected illicit assets, announcing the seizure and freezing of properties valued at more than GH¢100 million and over US$100,000 in the ongoing investigations on the National Petroleum Authority (NPA) scandal.
According to the OSP, further assets remain under active tracing as part of an ongoing financial crime investigation.
“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,” the Office disclosed in a Facebook post on Tuesday, November 4.
The OSP stated that these actions are supported by robust documentary, banking, and transaction evidence believed to link the seized assets to alleged criminal conduct.
“These actions are based on strong documentary, banking, and transaction evidence linking the proceeds to the alleged offences.”
Officials noted that the operation forms part of a wider mandate to uphold transparency in public life, protect state resources, and ensure accountability in Ghana’s governance architecture.
“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 OSP emphasized that the asset recovery operation shows its dedication to combating corruption and illegal financial flows, reaffirming that no one connected to major economic crimes will be exempt from investigation.
“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.”
Dr. Mustapha Abdul-Hamid, the former Chief Executive of the Authority, and six other individuals are accused of financial embezzlement and incurring financial damage to the state while they were in office.
Source: Ghanatodayonline.com
