The Office of the Special Prosecutor (OSP) has taken control of a massive portfolio of high-value assets, including fuel stations, luxury apartments, and nearly GH¢1 million in cash, linked to the prosecution of former National Petroleum Authority (NPA) Chief Executive Officer, Dr. Mustapha Abdul-Hamid, and nine others.
The seizures were detailed in the OSP’s 2025 Half-Yearly Report, signed by Special Prosecutor Kissi Agyebeng. The assets are currently being managed by the Office as exhibits in the high-profile case The Republic v. Mustapha Abdul-Hamid & Nine Others (CR/0603/2025), pending before the Criminal High Court in Accra.
Fuel Stations and Prime Real Estate
The OSP’s asset-tracing operation has resulted in the seizure of four operational fuel stations located in strategic areas of the capital:
● Opeikuma
● Dansoman
● Abeka Lapaz
● Millennium City
Beyond the petroleum infrastructure, the Office has frozen several parcels of land and luxury residential properties. These include a GH¢12.7 million two-storey building in East Legon, a GH¢10 million residential block in Agbogba, and high-end apartments in some of Accra’s most expensive developments, such as The Signature, The Lennox, and The Address.
Land seizures also span the country, including a GH¢9.93 million plot in Tamale and a GH¢4.76 million property in Danyame, Kumasi.
Luxury Fleet Seized in Separate MIIF Probe
In a separate but equally significant disclosure, the OSP revealed it is managing a fleet of luxury vehicles valued at GH¢18.6 million in relation to an investigation into the Minerals Income Investment Fund (MIIF).
The confiscated fleet includes:
● Rolls-Royce Mansory Phantom
● Mercedes-Benz Maybach S680
● Mercedes-Benz Brabus 800
● Toyota Land Cruiser LC300 & Lexus LX600
● Two Fiat bullion vans
The Allegations: A GH¢291m Extortion Scheme
The criminal charges against Dr. Abdul-Hamid and his co-accused involve a staggering alleged conspiracy to extort over GH¢291 million and US$332,407 from bulk oil transporters and oil marketing companies.
According to the prosecution, the group operated an illegal scheme between December 2022 and December 2024, using their official positions at the NPA to demand unauthorized payments. The OSP alleges these funds were then laundered through private companies Propnest Limited, KEL Logistics Limited, and Kings Energy Limited to acquire the very assets now under state management.
Accused Persons at a Glance
Dr. Mustapha Abdul-Hamid – Former CEO, National Petroleum Authority (NPA)
Jacob Kwamina Amuah – Former Coordinator, UPPF
Wendy Newman – NPA Audit Staff
Albert Ankrah – Private Sector / Director
Bright Bediako-Mensah – CEO, Kel Logistics
While Dr. Abdul-Hamid has previously dismissed the case as “useless” and politically motivated, the OSP maintains that the seizures are backed by “robust documentary, banking, and transaction evidence.”
The High Court recently adjusted the bail reporting conditions for the accused from weekly to once monthly, effective March 2026, though the trial is set to intensify with multiple hearing dates scheduled throughout February.
