OSP seizes GH¢100m worth of assets in NPA case involving Dr Abdul-Hamid

The Office of the Special Prosecutor (OSP) has seized assets valued at more than GH¢100 million and US$100,000 in the ongoing investigations on the National Petroleum Authority (NPA) scandal.

According to the OSP, additional assets are currently under active tracing as part of the financial crime investigation.

Dr Mustapha Abdul-Hamid, who is the first accused in the case, is among seven individuals and three corporate entities facing prosecution over alleged corruption and abuse of office between 2022 and 2024.

The OSP stated that these actions are supported by robust documentary, banking, and transaction evidence believed to link the seized assets to alleged criminal conduct.

NPA Scandal: ‘My matter is useless; there’s nothing in it’ – Dr Mustapha Hamid brags

In a statement released on Tuesday, November 4, 2025, the OSP said the seizures were based on strong documentary, banking, and transactional evidence linking the accused to the alleged offences.

It added that investigators are tracking additional properties believed to have been acquired through illicit means.

“The Office of the Special Prosecutor (OSP) has already seized and frozen assets valued at more than GH¢100 million and over US$100,000, with additional assets under active tracing. These actions are based on strong documentary, banking, and transaction evidence linking the proceeds to the alleged offences,” it stated.

Meanwhile, Dr Abdul-Hamid has dismissed the ongoing criminal proceedings as “useless” and politically motivated, in a viral video circulating on social media.

In response, the OSP reaffirmed that the charges are “serious and supported by extensive evidence” of corruption and financial misconduct.

Here is a breakdown of the charges:

1. Conspiracy to Commit Extortion by a Public Officer, jointly with two NPA officials, for allegedly plotting to extort GH¢291,574,087.19 and US$332,407.47 from bulk oil transporters and oil marketing companies.

2. Two counts of Extortion by a Public Officer, involving the unlawful receipt of GH¢24 million and GH¢230,000 from oil transporters and haulage firms under the guise of official duties.

4. Two counts of Using Public Office for Profit, for allegedly abusing his position for private gain and enriching himself with GH¢24 million and GH¢230,000.

4. Money Laundering, for allegedly possessing GH¢15,343,251.29, suspected to be proceeds of crime disproportionate to his legitimate income.