OSP probes alleged GH¢1.3 billion embezzlement at NPA

The Office of the Special Prosecutor (OSP) has launched an investigation into the alleged embezzlement of GH¢1.3 billion from the National Petroleum Authority (NPA).
At a press conference on February 12, 2025, Special Prosecutor Kissi Agyebeng announced that the inquiry will focus on suspected corruption and related offences linked to the misappropriation of funds from the Unified Petroleum Pricing Fund (UPPF)—a fund designed to stabilize petroleum prices nationwide.
Key Individuals Under InvestigationThe probe is primarily targeting four individuals, including:
Jacob Amoah – Coordinator of the UPPF Wendy Ashong Newman – NPA staff Freda Tandoh – NPA staff Mustapha Abdul-Hamid – Former CEO of the NPA"The OSP has commenced investigations into suspected corruption and corruption-related offences concerning an alleged embezzlement of GH¢1.3 billion from the Unified Petroleum Pricing Fund (UPPF) at the National Petroleum Authority (NPA)," Agyebeng stated.
The Special Prosecutor assured the public that his office remains committed to unravelling the circumstances surrounding the missing funds and ensuring that those responsible are held accountable.
Source: Classfmonline.com/Cecil Mensah
Trending Business
Bawumia’s Gold for Reserve Programme is anchoring the Cedi – Kofi Bentil
13:27DVLA opens new office in Adentan, CEO expresses gratitude to all stakeholders
08:27President Mahama delivers on 24-hour economy promise within first 120 days
01:34Gov't inaugurates task force to oversee establishment of Ghana’s national airline
13:57NPA boss heaps praise on Finance Minister and BoG for stabilising Cedi, fuel prices
11:18President Mahama sets $10 billion target for non-traditional exports by 2030
03:34Hand over Saglemi housing project to TDC- Parliamentary Select Committee to gov't
04:51CEMSE calls for urgent review of Ghana’s upstream petroleum laws to boost investment
14:55Gov't urged to act fast on the completion Pokuse-Mayera affordable housing project
10:25DVLA kick starts 24-hour service on Wednesday
03:17