The Office of the Special Prosecutor, led by Kissi Agyebeng, has shared details of how high-ranking officials of the National Petroleum Authority (NPA) allegedly acquired apartments, suites, houses both locally and abroad, as well as twenty-two fuel haulage trucks, among other assets, using proceeds from an alleged GH¢280 million corruption scandal.
At a press briefing on Monday, June 2, 2025, the OSP said that the monies, believed to be proceeds of crime, were also used by the suspects to acquire and operate Oil Marketing Companies (OMCs).
According to the OSP, the suspects used these OMCs to compete directly with the very companies they were mandated to regulate, an act allegedly carried out in collusion with complicit Oil Marketing Companies and their officials. "As at close of day on May 30, 2025, the OSP had uncovered, through tracing and trailing, of an amount of GH¢280,516,127.19 being proceeds of the corrupt scheme, some of which has been used by the perpetrators to acquire identified and traced apartments, suites, houses in-country and abroad, twenty-two fuel haulage trucks, and the incorporation, acquisition, and operation of Oil Marketing Companies to compete with the oil marketing companies they were regulating," the OSP shared.
He further stated that the investigations, conducted between 2022 and 2024, showed that the scheme was carried out using tactics such as threats, intimidation, coercion, subtle suggestions, bribery, and excessive regulatory pressure.
