Former Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid
Former Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has satisfied the bail conditions imposed by the Accra High Court in the ongoing GH¢280 million corruption and money laundering case.
The politician, who is the first accused in the high-profile case, was granted bail alongside six other individuals on 23 July 2025. However, he remains the only one to have met the court requirements as at 6:00PM, according to the Office of the Special Prosecutor.
The Office of the Special Prosecutor (OSP) has charged Dr Abdul-Hamid and nine others – comprising six individuals and three companies, with 25 counts of corruption-related offenses.
These include conspiracy to commit extortion, money laundering, and misuse of public office.
The alleged offenses were reportedly committed between December 2022 and December 2024, during which the accused allegedly extorted GH¢280.5 million from oil marketing companies.
The funds were allegedly laundered through Propnest Limited, Kel Logistics Limited, and Kings Energy Limited.
The court set GH¢2 million bail for Dr Abdul-Hamid, requiring two sureties, each earning a net monthly salary of at least GH¢5,000, and directed him to report to the OSP every two weeks. He has complied fully with these conditions.
The six other accused, Jacob Kwamina Amuah (UPPF Coordinator), Wendy Newman (NPA staff), and directors of the implicated companies were also granted GH¢2 million bail each. However, their conditions included three sureties, one of whom must provide landed property as security.
Their inability to meet these terms has led to their detention. The three companies facing charges are not subject to bail.
The case has been adjourned to 26 August 2025 for substantive hearings.
One of the accused, Osei Tutu Adjei, a director of Kel Logistics, remains at large.
Update: Republic v. Mustapha Abdul-Hamid & 9 others
As of 6pm, only the first accused person, Mustapha Abdul-Hamid has met his bail conditions. The remaining six accused persons were unable to do so and have been detained.
Ends/
— Office of the Special Prosecutor-Ghana (@ospghana) July 23, 2025
AM/KA
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