The Attorney-General and Minister for Justice has announced the prosecution of two prominent political figures following investigations into high-profile corruption and financial malfeasance.
Speaking at the Government Accountability Series on Monday, the Minister detailed criminal cases involving Bernard Antwi Boasiako, also known as Chairman Wontumi, and Percival Kofi Akpaloo of the Liberal Party of Ghana (LPG). The briefing formed part of a busy day at the Presidency, which also saw the Constitution Review Committee present its final report to the President at 2:00 pm, with a similar presentation from the National Airline Task Force scheduled for Tuesday.
In the case of Bernard Antwi Boasiako, the Attorney-General revealed that Wontumi Farms Limited allegedly defrauded Exim Bank of over GH₵18.7 million in 2018. Investigations by the Economic and Organized Crimes Office (EOCO) established that the company applied for the loan before it was legally incorporated.
Furthermore, the Minister stated that Mr. Boasiako submitted a forged receipt from an equipment dealer to deceive the bank into believing that GH₵4 million worth of farming machinery had been purchased. According to the state, the equipment was never procured, the promised maize farm never materialized, and the state has incurred a financial loss of GH₵24,255,735, including accrued interest. Consequently, Wontumi Farms and its directors face charges of defrauding by false pretences, forgery, and causing financial loss to the state.
The second case involves Percival Kofi Akpaloo, who is accused of orchestrating a sophisticated scheme to divert funds from a COCOBOD feeder road contract. The Attorney-General disclosed that Mr. Akpaloo allegedly incorporated a company named “Pomaah Universal (Gh.) Ltd,” a name nearly identical to the legitimate contractor, “Pomaa Universal (Gh.) Ltd.” Between 2022 and 2024, Mr. Akpaloo is alleged to have intercepted eight COCOBOD cheques totaling GH₵3,169,432.22 intended for the original contractor and deposited them into his own account.
The investigation, triggered by the Financial Intelligence Centre, also uncovered allegations of forged signatures. Mr. Akpaloo, his spouse, and his company are set to be charged in January with stealing, forgery, and money laundering.
Ruth Abla ADJORLOLO
