The Attorney-General and Minister for Justice, Dr Dominic Ayine, has revealed that the former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Hanan Abdul-Wahab, is at the centre of a major corruption scandal involving the alleged acquisition of luxury properties with stolen public funds.
Speaking at a press briefing in Accra on Wednesday, October 22, as part of the Government Accountability Series organised by the Presidency’s Communications Directorate, Dr Ayine said investigators from the Economic and Organised Crime Office (EOCO) had uncovered several high-value assets and suspicious bank transactions linked to Abdul-Wahab.
The Attorney-General disclosed that the former CEO is alleged to have used misappropriated funds to acquire a five-bedroom house at Chain Homes valued at $1.625 million, a three-bedroom house at Cantonments purchased for $600,000, multiple plots of land at the Airport Development Area worth $750,000, a 17-bedroom boutique hotel in Gumani, Tamale, acquired for $250,000, a four-bedroom bungalow at Dzorwulu valued at over GHS 4.14 million, and a 0.32-acre parcel of government land bought for GHS 307,200.
Abdul-Wahab and his wife were arrested on June 25, 2025, over alleged large-scale financial misconduct during his tenure. He was detained by EOCO for two weeks before being granted bail of GHS 60 million with two sureties, while his wife was released earlier on GHS 30 million bail. The opposition New Patriotic Party (NPP) criticised the bail terms, describing them as excessively harsh and politically motivated.
Dr Ayine reaffirmed the government’s commitment to ensuring accountability and transparency in the matter, stressing that all assets proven to have been acquired with stolen funds will be confiscated in accordance with the law.
