The Office of the Special Prosecutor (OSP) has confirmed the freezing of assets valued at over GH₵100 million and US$100,000 in connection with the ongoing prosecution of former National Petroleum Authority (NPA) CEO, Dr. Mustapha Abdul Hamid, and nine others.
According to the OSP, the assets include real estate properties, fuel stations, and logistics vehicles believed to be proceeds from an alleged grand extortion and money laundering scheme.
The OSP added that some of the frozen assets are yet to be confirmed by the court, as investigations continue into the full scope of the alleged financial network.
In a statement, the OSP emphasized that the actions were taken in accordance with its powers under the Office of the Special Prosecutor Act, 2017 (Act 959), which mandates the preservation of suspected proceeds of crime pending final judicial determination.
Meanwhile, the OSP has hinted that additional assets are under active tracing as part of its ongoing probe.
This development forms part of the Special Prosecutor’s broader effort to curb corruption and illicit wealth accumulation within key state institutions.
0 Comments