The Accra High Court has granted former National Service Authority (NSA) Chief Executive Officer, Osei Assibey Antwi, bail of GH¢800 million with six sureties, all of whom are required to justify the bond.
Mr. Assibey Antwi appeared before the court on Tuesday and pleaded not guilty to multiple charges brought against him by state prosecutors.
Adom News’ Kodwo Mensah Aboroampa, who was in court, reported that he was escorted by personnel from the National Intelligence Bureau (NIB).
The case stems from a corruption scandal allegedly involving the misappropriation of about GH¢653 million.
Court documents filed at the High Court in Accra accuse Mr. Antwi, along with former Deputy Executive Director Gifty Oware-Mensah, of orchestrating schemes that siphoned public funds through “ghost” service personnel and fraudulent bank loans.
Osei Assibey Antwi faces fourteen counts, including causing financial loss to the Republic. The flagship charge alleges he authorized the payment of allowances to over 60,000 non-existent national service personnel, resulting in a loss of GH¢500,861,744.02.
He also faces multiple counts of theft totaling GH¢8,256,000 between August 2023 and May 2024 and is accused of misusing project funds by authorizing the withdrawal of GH¢106 million from the NSA’s Kumawu Farm Project account on five occasions without spending any of the funds on the project.
Source: Adomonline
ALSO READ: