FOREIGN
Ghana Charges Ex-Petroleum Chief, Six Others in $28 Million Corruption Scandal

Ghana’s Office of the Special Prosecutor has filed criminal charges against Mustapha Abdul-Hamid, former head of the National Petroleum Authority, and six others, in connection with a sprawling $28 million corruption and money laundering scheme.
The indictment marks a major development in President John Mahama’s aggressive anti-corruption drive, which began in early 2025. The campaign aims to root out graft and recover public funds misappropriated under previous administrations.
According to the Special Prosecutor’s office, a total of 25 charges—including extortion by a public officer and money laundering—have been levelled against Abdul-Hamid, along with other individuals and three companies. The alleged offences reportedly occurred between 2022 and December 2024.
Describing the case as “a sprawling corruption scheme… initiated by Abdul-Hamid,” the agency accused the former NPA boss of directly receiving $2.3 million and benefiting from a broader $28 million extortion racket.
In a telephone interview with AFP, Abdul-Hamid denied the allegations. “I have never taken a bribe or been part of any illicit scheme during my time at the NPA,” he said. “I am willing to cooperate with the state to clear my name in court.”
The Special Prosecutor further named Jacob Kwamina Amuah, a former coordinator of the Unified Petroleum Pricing Fund, and Wendy Newman, an NPA staff member, as key figures in the conspiracy. Both are accused of unlawfully collecting money from oil marketing firms and transporters, then funnelling the proceeds through shell companies.
Three companies—Propnest Ltd., Kel Logistics Ltd., and Kings Energy Ltd.—allegedly served as fronts to launder the illicit funds. The money was used to construct houses, buy trucks for oil distribution, and build fuel stations. One director of Kel Logistics Ltd. is currently on the run.
President Mahama, who returned to power in January 2025, has vowed to restore credibility to public institutions and recover looted funds. But political observers remain cautious.
“Mahama’s credibility depends on how even-handed these prosecutions are. Ghanaians are watching whether this is genuine reform or a political purge in disguise,” said Joshua Jebuntie Zaato, a political analyst at the University of Ghana.
Since the anti-corruption campaign was launched, authorities have arrested or charged several individuals, with many others still under investigation.
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
-
POLITICS5 days ago
C-Sagas UK Chapter Meets Founder in London, Reaffirms Humanitarian Vision
-
TECH7 days ago
OpenAI CEO Sam Altman Warns ChatGPT Conversations Aren’t Legally Confidential
-
NEWS5 days ago
Ikwo Noyo Clan Releases Official Timetable for 2025 Nnesweoha Festival
-
ENTERTAINMENT4 days ago
VeryDarkMan Breaks Down in Tears as He Announces Death of Popular Fish Seller
-
NEWS5 days ago
Nigerian Youth Advocate Calls Out Facebook’s Monetisation Policies
-
CAMPUS REPORTS6 days ago
VC Inaugurates Two New Residential Flats Built by AE-FUNAI Parents’ Forum
-
CAMPUS REPORTS5 days ago
Experts Urge Responsible AI And Data Use at AE-FUNAI Law Conference
-
POLITICS4 days ago
2027 Elections: We’re the Only Viable Alternative to APC, PDP Slams ADC
-
CAMPUS REPORTS6 days ago
AE-FUNAI Hosts ACSPN, Highlights Role of Artificial Intelligence in Media and Security
-
SPORTS7 days ago
Asisat Oshoala Shuts Down Retirement Rumors After WAFCON Triumph
-
NEWS6 days ago
David Umahi’s Daughter Kimberly Graduates With First Class
-
SPORTS4 days ago
Morocco Challenges Referee Call After Super Falcons’ WAFCON Triumph