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Home News

Former Buffer Stock CEO in fresh legal trouble over alleged multi-million cedi fraud

Former NAFCo CEO and wife re-arrested just hours after charges were dropped
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The Office of the Attorney-General has filed new, multiple criminal charges against the former Chief Executive Officer of the National Food Buffer Stock Company, Hanan Abdul-Wahab Aludiba, and a second accused person, Faiza Seidu Wuni, over allegations of fraud, theft, abuse of office, and causing financial loss to the state.

The charges, contained in a 14-page charge sheet filed at the High Court in Accra on May 15, 2026, paint a troubling picture of alleged financial misconduct involving millions of cedis belonging to the state-owned food buffer company.

According to prosecutors, the alleged offences span several years and involve questionable rent claims, alleged diversion of public funds and the misuse of office for personal gain.

The case, docketed as CR/0530/2026, has already begun attracting public attention due to the huge sums involved and the key role NAFCO plays in Ghana’s food security system.

Under Count One, prosecutors accused Hanan Abdul-Wahab Aludiba of defrauding by false pretence contrary to Section 131 of the Criminal Offences Act.

Court documents alleged that sometime in 2017, the former NAFCO boss “did, by false pretences, obtain from the NATIONAL FOOD & BUFFER STOCK COMPANY LIMITED the sum of Seven Hundred and Thirty-four Thousand and Four Hundred Ghana cedis only (GH¢734,400.00)” supposedly as rent payment.

The charge sheet stated that the amount represented “the Ghana cedi equivalent of One Hundred and Twenty-seven Thousand and Five Hundred United States dollars only (US$127,500.00) purportedly for rent covering the period May 2017 to May 2019.”

Prosecutors further argue that the alleged rent claim caused direct financial loss to the state institution.

Under Count Two, the Attorney-General’s office alleged that the accused “did by a false rent claim, wilfully cause the said NATIONAL FOOD & BUFFER STOCK COMPANY LIMITED to lose the sum of Seven Hundred and Thirty-four Thousand and Four Hundred Ghana cedis only (GH¢734,400.00).”

The most serious allegations, however, relate to claims that huge sums of money meant for food purchases were diverted over eight years.

Under Count Three, the Attorney-General accused Aludiba of stealing more than GH¢50 million from NAFCO between February 2017 and February 2025.

The charge sheet also alleged that the accused, “while purporting to make payments from the funds of the NATIONAL FOOD & BUFFER STOCK COMPANY LIMITED to JAMES TIEKU-APAWU (trading under the name and style of SAWTINA ENTERPRISE), stole the sum of about Fifty Million, Eight Hundred and Seventy-nine Thousand, Two Hundred and Ten Ghana cedis only (GH¢50,879,210.00).”

The alleged transactions were reportedly carried out under the guise of legitimate payments.

In another major accusation, prosecutors alleged that the former CEO used his position at NAFCO for personal benefit.

Under Count Four, the Attorney-General stated that Aludiba, while serving as CEO, “did, under the guise of making payments from the funds of the NATIONAL FOOD & BUFFER STOCK COMPANY LIMITED to JAMES TIEKU-APAWU… for foodstuff purchases, corruptly abuse your office for private benefit in the sum of Fifty Million, Eight Hundred and Seventy-Nine Thousand and Two Hundred and Ten Ghana Cedis only (GH¢50,879,210.00).”

Read the full document below:

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