A throwback video has surfaced of Maxwell Kofi Jumah, the former Managing Director of GIHOC Distilleries, after he was picked up by the National Security operatives from his Kumasi residence earlier Sunday, June 29, 2025 and subsequently granted bail.
In the throwback video, Kofi Jumah stated Maxwell Kofi Jumah’s response to critics over concerns about his management of the state-owned company.
In the viral video shared on X, Kofi Jumah boldly stated, ” I, Maxwell Kofi Jumah, love women.
If you don’t understand, go to hell. I am not a hypocrite, and I am telling you that you will never hear that I, Maxwell Kofi Jumah, have taken a bribe anywhere.”
Meanwhile, Maxwell Kofi Jumah was granted bail in the sum of GHS500,000 with two sureties, following his arrest in connection with the alleged theft of company vehicles.
He was granted bail on Monday, June 30, after he made an appearance at the Criminal Investigations Department (CID) headquarters, where he had been held.
Kofi Jumah was moved to the Criminal Investigations Department (CID) of the Ghana Police Service in Accra after he was picked up by the National Security operatives from his Kumasi residence on Sunday, June 29, 2025.
The information gathered suggests, Maxwell Kofi Jumah was picked while celebrating his birthday at a private residence in Kumasi.
According to reports, the raid on Kofi Jumah’s home occurred in the early morning of Thursday, May 15, 2025.
The information gathered is that the former GIHOC boss is currently under investigation for alleged financial illegality during his tenure, as well as the acquisition of state vehicles and the mismanagement of company assets.
Magdalene Ndamley, the Deputy Chief Executive Officer of GIHOC Distilleries Company Limited (GIHOC), has shockingly accused the former CEO of GIHOC, Maxwell Kofi Jumah, of stealing, which led to the collapse of GIHOC.
According to Magdalene Ndamley, Kofi Jumah was allegedly stealing GH¢40,000 weekly from GIHOC for eight years.
She boldly asserted that the former CEO incurred massive debts, which led to the collapse of GIHOC Distilleries Company Limited.
Magdalene Ndamley further revealed that GIHOC collapsed because management and staff were looting the resources of the company.
Meanwhile, Mustapha Gbande, the Deputy Director of Operations at the Presidency, has boldly stated that the former CEO of the Ghana Industrial Holding Company (GIHOC), Maxwell Kofi Jumah, will soon take his medication in jail.
Watch the video below:
“I, Maxwell Kofi Jumah loves women. If you don’t understand, go to hell”
—Throwback to the Former GIHOC Boss, Maxwell Kofi Jumah’s response to critics, over concerns about his management of the state owned company. pic.twitter.com/CBujyGIPAO
— SIKAOFFICIAL🦍 (@SIKAOFFICIAL1) July 1, 2025
