OSP Traces Over ¢280 million In Alleged NPA Corruption Scheme

The Office of the Special Prosecutor (OSP) has uncovered a GHC280,516,127 corruption scheme involving high ranking former officials of the National Petroleum Authority (NPP).

According to the Special Prosecutor, Kissi Agyebeng, the scheme took place between 2022 and 2024.

At a press conference on June 2, he said the implicated officials used threats, intimidation, coercion, suggestions, bribery, and inordinate regulatory duress to extort large sums of money from oil marketing companies and other entities under their statutory regulatory, licensing, oversight, and monitoring mandate in the petroleum downstream industry.

“As at close of day on 30 May 2025, the OSP had uncovered, through tracing and trailing, of an amount of GHC280,516,127.19 being proceeds of the corrupt scheme.”

The amount, he said, was used for their personal gains. Mr Agyebeng alleged that some of these proceeds had been used by the perpetrators to acquire apartments, suites, houses in-country and abroad and twenty-two fuel haulage trucks.

Another portion had also been used for the incorporation, acquisition, and operation of oil marketing companies to compete with the oil marketing companies they were regulating.

Though the faces behind the act were not revealed, he announced that criminal charges will be filed against them by the end of this month.

“The OSP, before the end of June, would file criminal charges against the first batch of the perpetrators and complicit oil marketing companies and their officials.”

Source: https://opemsuo.com/author/hajara-fuseini/