National Security operatives have reportedly stormed the residence of the former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah, in an attempt to recover state vehicles.
According to a report by Accra-based Citi News, the operation occurred around 5:00 a.m. on Thursday, May 15, 2025, in Mr. Jumah’s absence.
The New Patriotic Party (NPP) stalwart is said to be under investigation for alleged financial impropriety during his tenure as head of the state-owned distillery company.
The allegations include the questionable acquisition of state vehicles and the mismanagement of company assets.
Mr. Jumah is also accused of inflating the staff population at GIHOC, placing financial pressure on the company, and selling company properties in Tema valued at over $700,000 without proper authorisation.
In addition, he allegedly retained two official vehicles—including an Audi valued at over $60,000—without formal approval from the company’s board.
A letter dated August 1, 2019, from the Board of Directors of GIHOC approved Mr. Jumah’s purchase of a Genesis G90 saloon car (registration number GE 86 22-19) in accordance with his conditions of service as Managing Director.
According to Citi News, the letter confirmed that Mr. Jumah bought the vehicle at just 5% of its value—GHS 4,943.11—although it was originally valued at over $100,000.
The letter was signed by the company’s Secretary and Head of Administration, Apea Twumasi-Ankrah.
The 2018 model vehicle, with a 3,300cc engine and chassis number KMHG34JXJU039991, had a mileage of 38,971 km and a seating capacity of five.
A technical inspection assessed the engine, transmission, suspension, brakes, steering, and electrical systems to be in “good” condition, with no record of prior maintenance.
An independent valuation conducted by the State Transport Corporation later placed the car’s value at GHS 98,862.00. The appraisal was completed by Daniel K. Orhin, with certification number 0014073.
Reports indicate that Mr. Jumah later instructed security personnel to return the vehicles, stating that one had been used by his son.
So far, one vehicle has been successfully recovered and transported to Accra.
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