The Office of the Special Prosecutor (OSP) has confirmed that it is currently holding and managing several high-value assets linked to the ongoing criminal prosecution of former National Petroleum Authority (NPA) Chief Executive, Dr. Mustapha Abdul-Hamid, and nine other accused persons.
The disclosure is contained in the OSP’s 2025 Half-Yearly Report, signed by Special Prosecutor Kissi Agyebeng.
According to the report, the assets are exhibits in the case The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), which is pending before the Criminal High Court in Accra.
The seized properties include four fuel stations located at Opeikuma, Dansoman, Abeka Lapaz, and Millennium City in Accra, alongside a cash seizure of GH¢951,995.56.
The OSP has also taken over several parcels of land nationwide, including property in Tamale valued at GH¢9.93 million, land at Haatso worth GH¢2.737 million, Danyame in Kumasi valued at GH¢4.766 million, and land at Adenta, which is yet to be valued.
In addition, the Office is managing multiple residential properties in prime areas of Accra. These include a two-storey building at East Legon valued at GH¢12.7 million, as well as apartments at Airport Residential Area, Boundary Road, Roman Ridge, and Adjiringanor, each valued in the millions of cedis.
Other assets under OSP control include six-unit residential blocks at Agbogba valued at GH¢10 million, 23 fuel tanker trucks, and several uncompleted apartment developments at Airport City and Roman Ridge.
Separately, the OSP revealed that luxury vehicles valued at about GH¢18.6 million have also been seized in connection with investigations into the Minerals Income Investment Fund (MIIF). These vehicles 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 asset seizures follow criminal charges against Dr. Abdul-Hamid and nine others, including former and current NPA officials and three private firms, over an alleged conspiracy to extort more than GH¢291 million from players in the petroleum sector.
Prosecutors allege that the accused persons, acting between December 2022 and December 2024, unlawfully obtained GH¢291,574,087.19 and US$332,407.47 from bulk oil transporters and oil marketing companies, despite lacking the legal authority to do so.
Those standing trial include Jacob Kwamina Amuah, former Coordinator of the Unified Petroleum Pricing Fund; Wendy Newman, an NPA audit officer; Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah.
The companies named in the case are Propnest Limited, KEL Logistics Limited, and Kings Energy Limited.
The matter remains before the High Court as the OSP continues its asset tracing, seizure and prosecution efforts.
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