LPG's Akpaloo Embroiled in Allegations of Financial Crimes
Accra,Ghana – September 6,2025 - Kofi Akpaloo, leader and presidential candidate of the Liberal Party of Ghana (LPG), is currently under investigation for alleged financial crimes, including fraud, causing financial loss to the state, dissipation of public funds, and money laundering.
Akpaloo, a familiar face in Ghana's political arena ran in the 2024 general elections, focusing his campaign on youth-centric policies.
According to Deputy Attorney General Justice Srem-Sai, Akpaloo was arrested by Economic and Organised Crime Office (EOCO) officials on Wednesday, September 3, 2025, at his Kumasi residence.
Justice Srem-Sai indicated the LPG leader was granted police bail set at GH¢10 million with two sureties, but the conditions are yet to be justified.
In a Facebook post on Friday, September 5, the Deputy Attorney General said Akpaloo remains in EOCO custody until the bail requirements are satisfied.
“Suspect PERCIVAL KOFI AKPALOO is under investigation on allegations of various financial crimes including fraud, causing financial loss to the State, dissipation of public funds, and money laundering. EOCO officials arrested him on Wednesday, September 3, 2025. He has, however, been granted police bail with the following conditions – GHC 10 million bond with 2 sureties to be justified. The suspect remains in the custody of EOCO pending the fulfilment of the bail conditions.”
Source – Lead News Online/Constance Amoah
