Mustapha Hamid and 9 Others Embroiled in GHC280m Corruption Scandal
Accra, Ghana – 17 July, 2025 – The Office of the Special Prosecutor (OSP) has taken decisive action against corruption, charging seven individuals and three companies in connection with a massive GHC280 million extortion and money laundering scheme allegedly perpetrated within the National Petroleum Authority (NPA).
The accused include former NPA CEO Mustapha Abdul-Hamid and other current and former staff members, as well as directors of private companies believed to have facilitated the laundering of illicit proceeds.
The OSP alleges that between 2022 and December 2024, Abdul-Hamid, Jacob Kwamina Amuah, and Wendy Newman, acting under the color of their official duties, orchestrated a criminal extortion racket that unlawfully siphoned GHC280,516,127.19 from petroleum transporters and oil marketing companies.
Amuah is alleged to have handed GHC24 million directly to Abdul-Hamid, while an additional GHC227.2 million was reportedly channeled through Newman for further disbursement under Amuah's direction.
The accused individuals and companies face a combined 25 counts, including extortion, conspiracy to commit money laundering, and money laundering. The charges include:
- Extortion by a Public Officer, contrary to Section 151 of the Criminal Offences Act, 1960 (Act 29)
- Conspiracy to Commit Money Laundering, contrary to Section 23 of Act 29 and Sections 1(1), 1(2), and 4 of the Anti-Money Laundering Act, 2020 (Act 1044)
- Money Laundering, contrary to Sections 1(1), 1(2), and 4 of Act 1044
The accused include:
1. Mustapha Abdul-Hamid – Former CEO, NPA
2. Jacob Kwamina Amuah – Coordinator, Unified Petroleum Pricing Fund (UPPF), and MD of Propnest, Kel Logistics, and Kings Energy
3. Wendy Newman – Staff, NPA
4. Albert Ankrah – Director, Kel Logistics Limited
5. Isaac Mensah – Director, Kel Logistics Limited
6. Bright Bediako-Mensah – Director, Kel Logistics and Kings Energy Limited
7. Kwaku Aboagye Acquaah – Director, Kings Energy Limited
8. Propnest Limited
9. Kel Logistics Limited
10. Kings Energy Limited
All apprehended individuals are expected to appear before the High Court (Criminal Division) in Accra on a date yet to be determined, where their pleas will be taken.
Meanwhile , the OSP has reaffirmed its commitment to fighting corruption and called on public institutions to remain vigilant and report any suspected wrongdoing.
Read the statement from the OSP below;
Source: Lead News Online
