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Ghana Charges Oil Regulator Ex-Chief In $28 Mn Corruption Case • Channels Television

Ghana’s Anti-Graft Agency Charges Ex-Oil Regulator Chief in $28 Million Corruption Scandal

In a bold move against corruption, Ghana charges former petroleum regulator head and six others in a multimillion-dollar scheme, signaling a tough stance under President Mahama’s administration.

bloomshorts 4 minutes ago

Ghana’s Crackdown on Corruption

Ghana’s anti-graft agency has taken a significant step by charging Mustapha Abdul-Hamid, the former head of the National Petroleum Authority, alongside six others, in a $28 million corruption and money laundering case. This action underscores President John Mahama’s commitment to combating graft and recovering misappropriated state funds.

The Charges and Accusations

The Office of the Special Prosecutor has filed 25 charges against Abdul-Hamid and his co-accused, including extortion by a public officer and money laundering. The scheme, allegedly orchestrated by Abdul-Hamid between 2022 and 2024, involved the unlawful collection of funds from oil marketing companies and laundering through shell companies.

Denial and Defense

Abdul-Hamid has vehemently denied the allegations, stating his innocence and willingness to cooperate with authorities to clear his name. Meanwhile, key figures Jacob Kwamina Amuah and Wendy Newman are accused of being the masterminds behind the operation, using companies like Propnest Ltd., Kel Logistics Ltd., and Kings Energy Ltd. to launder money.

Political Implications

President Mahama’s anti-corruption campaign is under scrutiny, with observers questioning whether the prosecutions are genuine reforms or politically motivated. The outcome of these cases could significantly impact Mahama’s credibility and Ghana’s fight against corruption.

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