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Mustapha Hamid, 9 others charged by OSP in GHC280m scandal

July 17, 2025
in Headline, News, Top Story
https://yawanews.com/wp-content/uploads/2025/02/Former-NPA-boss-Mustapha-Hamid.jpg

Former NPA boss Mustapha Hamid

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Mustapha Abdul-Hamid, the former Chief Executive Officer of the NPA and 9 others have been charged by the Office of the Special Prosecutor (OSP).

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According to the OSP statement, Mustapha Hamid and the 9 others have been charged in a GHC280 million extortion and money laundering scheme at the NPA.

The OSP charged seven individuals and three companies in the National Petroleum Authority (NPA) GHC280m scandal.

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The OSP charges stem from alleged fraud at the NPA between 2022 and December 2024.

Mustapha Hamid, Amuah, and Newman gas been alleged to have used their office to siphon GHC280,516,127.19 from petroleum transporters and oil marketing companies.

The former NPA CEO has been fingered as the mastermind and was executed by Amuah and Newman without any legal mandate.

The accused Individuals and Companies are as follows

  1. Mustapha Abdul-Hamid – Former CEO, NPA
  2. Jacob Kwamina Amuah – Coordinator, Unified Petroleum Pricing Fund (UPPF), and MD of Propnest, Kel Logistics, and Kings Energy
  3. Wendy Newman – Staff, NPA
  4. Albert Ankrah – Director, Kel Logistics Limited
  5. Isaac Mensah – Director, Kel Logistics Limited
  6. Bright Bediako-Mensah – Director, Kel Logistics and Kings Energy Limited
  7. Kwaku Aboagye Acquaah – Director, Kings Energy Limited
  8. Propnest Limited
  9. Kel Logistics Limited
  10. Kings Energy Limited

Furhermore, the accused person and corporate entities are facing 25 counts, including Extortion by a Public Officer, Conspiracy to Commit Money Laundering, and Money Laundering.

In addition, the OSP also revealed that a director of Kel Logistics Limited, Osei Tutu Adjei, is on the run.

However, the apprehended individuals are set to appear before the High Court criminal division in Accra.

Mustapha Hamid response

Meanwhile, the Former Chief Executive Officer of the National Petroleum Authority (NPA), Mustapha Abdul-Hamid, some months ago expressed surprise over being under investigation by the Office of the Special Prosecutor (OSP) over alleged embezzlement of funds from the Unified Petroleum Price Fund (UPPF) during his tenure.

According to Mustapha Hamid indicated that he had not received any formal invitation from any state investigative body, nor had he been informed of being under investigation for any crime.

Despite this, he expressed his willingness to cooperate fully with any investigation into the matter.

“As of this afternoon, I have neither received any invitation from any State investigative body nor have I been under investigation for any such alleged crime. However, I am willing to avail myself to assist in any investigations of the alleged embezzlement of funds,” he stated

See the post below:

📌 OSP Press Release pic.twitter.com/AZuT4haOQs

— Office of the Special Prosecutor-Ghana (@ospghana) July 17, 2025

Tags: Mustapha Abdul-HamidMustapha HamidOffice of the Special Prosecutor
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