The Office of the Special Prosecutor (OSP) has disclosed a staggering list of properties and assets linked to former National Petroleum Authority (NPA) Boss, Dr. Mustapha Abdul-Hamid, in the ongoing GH¢291 million extortion and money laundering case.
The disclosure is contained in the OSP’s 2025 Half-Yearly Report, which forms part of exhibits in the case The Republic v. Mustapha Abdul-Hamid & 9 Others (CR/0603/2025)* currently before the Criminal High Court in Accra.
According to the OSP, the Republic seeks to prove large-scale extortion, abuse of public office and money laundering totaling GH¢291,574,087.19 and US$332,407.47.
The charges against the accused were amended from 25 to 54 counts in October 2025 following discovery of new evidence.
On November 6, 2025, the OSP confirmed seizure and freezing of assets exceeding GH¢100 million and US$100,000.
The list of properties confirmed by the court as under OSP management includes:
1. GH¢951,995.56 in cash
2. Four fuel stations at Opeikuma, Dansoman, Abeka Lapaz and Millennium City
3. Land in Tamale valued at GH¢9.93 million
4. Land at Haatso valued at GH¢2.737 million
5. Land at Danyame, Kumasi valued at GH¢4.766 million
6. Land at Adenta, yet to be valued
7. Two-storey residential building at East Legon valued at GH¢12.713 million
8. Two-storey building at Adjiringanor valued at GH¢10 million
9. Six-unit residential block at Agbogba valued at GH¢10 million
10. Luxury apartments at Airport Residential Area, Boundary Road, Roman Ridge, The Signature, The Lennox, The Bantree and The Address
11.Uncompleted apartment developments at Airport City and Roman Ridge
12. 23 fuel tanker trucks
The OSP says it has presented bank statements and financial records to the court as evidence, and that the actions are based on strong documentary, banking and transaction evidence linking the proceeds to the alleged offences.
Lawyers Deny
Meanwhile, lawyers for Dr. Mustapha Abdul-Hamid, Hay & Partners at Law led by Hanifa Yahaya Esq., have dismissed the claims as “false, misleading and injurious.”
In a statement dated November 5, 2025, they insisted that no assets or businesses belonging to or associated with their client have been identified, traced or seized, and that the OSP’s own amended charge sheet filed on October 17, 2025 makes no mention of seized assets.
Dr. Abdul-Hamid remains innocent until proven guilty under the 1992 Constitution and has fully cooperated with investigations, his lawyers said.
