News
The Office of the Special Prosecutor Investigates National Petroleum Authority for GH¢1.3 Billion Embezzlement
The Office of the Special Prosecutor (OSP) in Ghana has initiated an investigation into an alleged embezzlement involving GH¢1.3 billion from the National Petroleum Authority‘s (NPA) Unified Petroleum Pricing Fund (UPPF).
The investigation targets former NPA CEO Mustapha Abdul-Hamid alongside three others: Jacob Amoah, the UPPF Coordinator, and NPA staff members Wendy Ashong Newman and Freda Tandoh. Below are the key points from the latest updates:
- Allegations: The allegations center around the mismanagement or misappropriation of funds during Mustapha Abdul-Hamid’s tenure as NPA CEO. The funds in question were from the UPPF, which is meant to stabilize petroleum product prices.
- Response from Involved Parties: Mustapha Abdul-Hamid has publicly stated that he has not received any official summons or invitation from the OSP but has expressed his willingness to cooperate with the investigation should he be required to do so.
- Public Statements: The OSP has held a press conference announcing the investigation, and there have been various news outlets and posts on social media discussing the case, indicating public interest and concern over the financial accountability within Ghana’s petroleum sector.
- Investigation Details: The OSP’s probe is part of a broader look into corruption and corruption-related offenses at the NPA, focusing on how such a significant amount of money could have been embezzled or misused.
This situation underscores ongoing efforts in Ghana to combat corruption, particularly within high-profile government agencies. The outcome of this investigation could have significant implications for transparency and governance in the petroleum sector.the
Summary of OSP Press Briefing