OSP seizes fuel stations, luxury assets in GH¢291m NPA extortion case
The Office of the Special Prosecutor (OSP) has announced the seizure and management of a wide range of high-value assets linked to the ongoing criminal case against former National Petroleum Authority (NPA) Chief Executive Officer, Dr. Mustapha Abdul-Hamid, and nine others.
In its 2025 Half-Yearly Report, signed by Special Prosecutor Kissi Agyebeng, the OSP disclosed that the confiscated properties include fuel stations, luxury apartments, parcels of land, cash, vehicles, and residential buildings, all forming part of exhibits in The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), currently before the Criminal High Court in Accra.
Among the assets under OSP management are four fuel stations located in Opeikuma, Dansoman, Abeka Lapaz, and Millennium City, as well as a cash seizure of GH¢951,995.56. The Office has also taken control of prime lands across the country, including parcels in Tamale valued at GH¢9.93 million, Haatso valued at GH¢2.737 million, Danyame in Kumasi valued at GH¢4.766 million, and Adenta, which is yet to be valued.
High-end residential properties have also been seized, including a two-storey building at East Legon valued at GH¢12.7 million, apartments at Airport Residential Area, Boundary Road, Roman Ridge, and Adjiringanor, alongside a six-unit block at Agbogba valued at GH¢10 million. Several uncompleted apartment developments in Airport City and Roman Ridge are also under OSP control.
The seizures extend to 23 fuel tanker trucks and luxury vehicles valued at GH¢18.6 million, linked to investigations into the Minerals Income Investment Fund (MIIF). These include a Rolls-Royce Mansory Phantom, Mercedes-Benz Maybach S680, Mercedes-Benz Brabus 800, Toyota Land Cruiser LC300, Lexus LX600, and two Fiat bullion vans.
The criminal charges allege that Dr. Abdul-Hamid and his co-accused conspired to extort over GH¢291 million and US$332,407 from bulk oil transporters and oil marketing companies between December 2022 and December 2024, despite lacking lawful authority.
Those charged include Jacob Kwamina Amuah, former Coordinator of the Unified Petroleum Pricing Fund (UPPF); Wendy Newman, an NPA audit staffer; Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah. The companies cited are Propnest Limited, KEL Logistics Limited, and Kings Energy Limited.
The case remains before the High Court in Accra as the OSP continues asset-tracing, seizure, and prosecution processes.
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