By Alex Ababio
The Office of the Special Prosecutor (OSP) has announced major progress in its probe into the National Petroleum Authority (NPA) scandal, revealing that it has seized and frozen assets worth more than GH¢100 million and over US$100,000 suspected to be linked to corruption and financial crimes.
Assets Under Tracing
In an update posted on its official Facebook page on Tuesday, November 4, the OSP confirmed that additional properties are still being traced as part of the ongoing investigation.
“The Office of the Special Prosecutor (OSP) has already seized and frozen assets valued at more than GH¢100 million and over US$100,000, with additional assets under active tracing,” the statement read.
Evidence of Financial Misconduct
The OSP explained that the seizures were backed by strong documentary, banking, and transaction evidence, indicating a direct connection between the confiscated properties and alleged criminal activities.
“These actions are based on strong documentary, banking, and transaction evidence linking the proceeds to the alleged offences,” the Office noted.
Commitment to Transparency and Accountability
Officials said the operation falls under the OSP’s broader mission to safeguard state resources, promote transparency, and ensure accountability within Ghana’s public institutions.
“This case represents a major step in protecting public funds, ensuring accountability in the petroleum sector, and affirming that no public official is above the law,” the statement emphasized.
Reinforcing Anti-Corruption Drive
The OSP stressed that the asset recovery initiative highlights its determination to combat corruption and illicit financial dealings. It added that those implicated in serious economic offences will not be spared from investigation or prosecution.
“The seriousness of the charges and the scale of the alleged losses make this prosecution a critical test of Ghana’s commitment to fighting corruption,” the Office said.
Key Figures Involved
The NPA scandal centers around the former Chief Executive of the Authority, Dr. Mustapha Abdul-Hamid, and six others, who are accused of financial misappropriation and causing financial loss to the state during their period in office.