Six persons who were arraigned together with the former Chief Executive of the National Petroleum Authority, Dr Mustapha Abdul-Hamid, for allegedly extorting GH¢280 million from oil marketing companies are still in custody.This is because they could not meet their respective bail conditions set by the High Court on Wednesday.The Office of the Special Prosecutor, which is in charge of prosecution, said in a statement on Friday that only Dr Abdul-Hamid met the bail condition.The accused were admitted to bail totalling GH¢14 million.This was after they pleaded not guilty to a total of 25 counts, including extortion by a public officer, contrary to Section 151 of the Criminal Offences Act, 1960 (Act 29), conspiracy to commit money laundering, contrary to Section 23 of Act 29 and Sections 1 (1), 1 (2), and 4 of the anti-money laundering Act, 2020 (Act 1044), money laundering, contrary to Sections 1 (1), 1 (2), and 4 of Act 1044.Dr Abdul-Hamid, a former Minister of Information, two other NPA officials, Jacob Kwamina Amuah, Coordinator of the Unified Petroleum Pricing Fund (UPPF), and Wendy Newman, a staff member of the NPA, were granted bail in the sum of GH¢2 million each, with two sureties to be justified.As part of the bail condition, the court ordered that one of the sureties must be a public servant earning a net salary of at least GH¢5,000, while the other must provide evidence of ownership of landed property.All three accused have been directed to report to the authorities once every two weeks.In addition to the NPA officials, five executives of three companies accused of facilitating the alleged money laundering scheme have also been charged.They include Albert Ankrah, Isaac Mensah, Bright Bediako-Mensah, and Kwaku Aboagye Acquaah.Each of the accused has been granted bail in the sum of GH¢2 million, with three sureties, one of which must be justified with landed property.The case has been adjourned to August 26, 2025. BY MALIK SULLEMANA
6 remanded over GH¢280m NPA oil extortion scandal - Ghanaian Times
Published:
6 hours ago
Source:
Ghanaian Times