Hon Mubarak Seid, the member of parliament for Sunyani East, has shockingly accused the embattled former Managing Director of GIHOC Distilleries, Kofi Jumah, of allegedly employing SHS graduates as head of departments.
According to the lawmaker, under Kofi Jumah, SHS graduates were employed and headed departments.
He further alleged that the SHS graduates were being paid GHS 25,000 a month by GIHOC under the leadership of Kofi Jumah.
Hon Mubarak Seid is quoted by EDHUB to have stated, “ At GIHOC under Maxwell Kofi Jumah, SHS graduates headed departments and earned GHS 25,000 monthly”.
In a related story, the Criminal Investigations Department (CID) boss, some days ago, revealed that three cars have been retrieved from the former GIHOC boss, Kofi Jumah.
Maxwell Kofi Jumah was picked while celebrating his birthday at a private residence in Kumasi, but was subsequently granted bail in the sum of GHS500,000 with two sureties, following his arrest in connection with the alleged theft of company vehicles.
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.
On August 1, 2019, a letter from the Board of Directors of GIHOC approved Mr. Jumah’s purchase of a Genesis G90 saloon car (registration number GE 86 22-19), following his Conditions of Service as Managing Director.
The vehicle valued at over $100,000 was sold to him shockingly for just 5% of its value, GHS 4,943.11. A letter signed by the company’s Secretary and Head of Administration, Apea Twumasi-Ankrah, confirmed it.
Reports suggest an independent valuation conducted by the State Transport Corporation placed the car’s value at GHS 98,862.00. The assessment was completed by Daniel K. Orhin, with certification number 0014073.
Also, Kofi Jumah is being investigated for allegedly retaining two additional official vehicles, including an Audi valued at over $60,000.
Meanwhile, 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.
See the post below:
— Dr Sneaker Nyame (@_sneakernyame) July 1, 2025
