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Wontumi can personally satisfy ₵50m bail condition if the law permits – Appiah-Kubi

May 30, 2025
in Top Story, News
Chairman Wontumi arrested by EOCO

Chairman Wontumi

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Andy Appiah-Kubi, the legal representative of the embattled New Patriotic Party (NPP) Ashanti Regional Chairman, Bernard Antwi Boasiako, commonly known as Chairman Wontumi can personally satisfy the EOCO ₵50 million bail condition if permitted by law.

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According to Andy Appiah-Kubi, the law requires a third party and not Chairman Wontumi to proof of ownership for a landed property valued at ₵50 million.

Speaking in an interview on Movement Radio on Thursday, May 29, 2025, Andy Appiah-Kubi stated, “Maybe at some point, the subject of the case may have their property sold; however, it is not possible [to stand as their own surety]. He cannot stand surety for himself; it is the individual standing as a surety who has to prove their capacity to fulfill the conditions,” he stated.

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“Not at all. If it were permissible within the law, he would have brought his own, but the law requires a third party and not Chairman Wontumi”, he added.

Chairman Wontumi is still in the Economic and Organised Crime Office (EOCO) custody after failing to meet bail conditions.

He was arrested by EOCO following a visit to the Criminal Investigations Department (CID) headquarters on Tuesday, May 27 shortly after leaving the Criminal Investigations Department (CID) headquarters in Accra.

Wontumi was granted bail of GH₵50 million with two sureties on Wednesday, May 28, 2025, however, his legal team on Wednesday had not fully satisfied the conditions required to secure his release.

According to the information gathered Chairman Wontumi has secured one surety but needs one more to meet full bail conditions.

Reports suggest that the former Assin Central MP Kennedy Agyapong has offered himself as one of the sureties for Wontumi.

Meanwhile, the Deputy Attorney General and Minister for Justice, Justice Srem-Sai has revealed that Bernard Antwi Boasiako, popularly known as Chairman Wontumi is under investigation for fraud, causing financial loss to the state, and money laundering.

Justice Srem-Sai also revealed that Wontumi is also being investigated for an International organised crime scheme.

The Deputy Attorney General noted that EOCO is assiduously working with our international law enforcement partners on the second strand of criminal investigations.

According to Justice Srem-Sai, the ongoing investigation is being handled by the Economic and Organised Crime Office (EOCO), with asset recovery efforts already underway to secure suspected proceeds of crime.

Tags: Andy Appiah KubiChairman WontumiEOCO
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