Former Managing Director of the State Transport Company (STC), Nana Akomea, has strongly denied allegations that he sold off portions of the company’s land during his time in office, describing the claims as baseless and politically motivated.
Speaking on Citi FM on Monday, December 8, 2025, Mr Akomea said no STC property was disposed of under his watch, insisting that those seeking to associate him with any land transactions were peddling falsehoods.
According to him, it was rather the National Democratic Congress (NDC) administration that engaged in the sale of STC lands more than a decade ago when the company was struggling financially.
He recalled that around 2010, approximately four acres of STC land in Takoradi were sold to Melcom, and that even the Managing Director’s official residence at Ridge was disposed of, forcing him to secure private accommodation when he later assumed office.
“They are accusing the wrong person. The only government that sold STC land was the NDC. They offloaded about four acres in Takoradi to Melcom. They even sold the MD’s bungalow at Ridge, so when I became MD, I had to find my own place,” Akomea explained. “I haven’t sold even a single foot of STC land.”
He added that another portion of land near the STC headquarters was sold to a company called BCL long before he took over leadership.
Mr Akomea maintained that the accusations against him were misleading and urged the public not to be swayed by politically charged narratives.
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