OSP exposes GH₵280million corruption scheme: Former NPA CEO accused of pocketing GH₵24m
The Office of the Special Prosecutor (OSP) has charged seven individuals and three companies before the High Court in Accra for their alleged involvement in a massive extortion and money laundering scheme amounting to over GH₵280 million.
The accused include Mustapha Abdul-Hamid, former Chief Executive Officer of the National Petroleum Authority (NPA), Jacob Kwamina Amuah, Coordinator of the Unified Petroleum Pricing Fund (UPPF), and Wendy Newman, an NPA staff member, among others.
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The accused include:
Mustapha Abdul-Hamid – Former Chief Executive of the National Petroleum Authority (NPA)
Jacob Kwamina Amuah – NPA’s Unified Petroleum Pricing Fund (UPPF) Coordinator and MD of Propnest, Kel Logistics, and Kings Energy
Wendy Newman – NPA staff member
Albert Ankrah – Director, Kel Logistics Limited
Isaac Mensah – Director, Kel Logistics Limited
Bright Bediako-Mensah – Director, Kel Logistics and Kings Energy Limited
Kwaku Aboagye Acquaah – Director, Kings Energy Limited
The three companies implicated are:
Propnest Limited
Kel Logistics Limited
Kings Energy Limited
According to the OSP, the scheme, which operated between 2022 and December 2024, involved the unlawful collection of funds from petroleum transporters and oil marketing companies.
Abdul-Hamid, Amuah, and Newman allegedly orchestrated the extortion under the guise of their official duties, with Amuah handing GH₵24 million directly to Abdul-Hamid and channelling an additional GH₵227.2 million through Newman for further disbursement.
The investigation revealed that the illicit proceeds were laundered through three companies—Propnest Limited, Kel Logistics Limited, and Kings Energy Limited—owned by the accused. These funds were used to purchase properties, acquire trucks, and build fuel stations in an attempt to conceal their criminal origin.
The OSP has filed 25 counts against the accused, including extortion by a public officer, conspiracy to commit money laundering, and money laundering under relevant Ghanaian laws.
One individual, Osei Tutu Adjei, a director of Kel Logistics Limited, remains at large. The apprehended accused persons are awaiting a court date to enter their pleas.
The OSP reaffirmed its commitment to combating corruption, stating, "The OSP reaffirms its commitment to investigating and prosecuting corruption and corruption-related offences without fear or favour, and urges all public institutions to remain vigilant and report suspected cases of corruption."
