EOCO dismisses reports claiming Springfield Energy CEO arrested in Dubai

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The Economic and Organised Crime Office (EOCO) has dismissed claims by online news portal Norvanreport.com alleging that Mr. Kevin Okyere, Chief Executive Officer and promoter of Springfield Energy, was arrested or detained in Dubai due to EOCO’s alleged inaction on a fraud petition.

In a statement issued on Sunday, November 2, 2025, EOCO described the reports as “false and misleading” and urged the public to disregard them.

The Office clarified that there are currently two ongoing investigations involving Springfield Energy — one stemming from a petition filed against the company, and another concerning a case between Springfield Energy and the Bulk Oil Storage and Transportation Company (BOST).

“It is the policy directive of EOCO’s leadership that investigations must precede arrest, not the reverse,” the statement said. It added that the BOST-Springfield Energy case is being prioritised due to its potential impact on BOST’s finances and the broader national economy.

EOCO also criticised Norvanreport.com for failing to verify the information before publication. “Though EOCO does not comment on active investigations, it is regrettable that Norvanreport.com did not seek clarification from EOCO before running the false story,” it stated.

The Office reaffirmed its commitment to investigating and prosecuting economic and organised crimes, assuring the public of its professionalism and diligence.

EOCO concluded by urging the public to ignore the publication and remain confident that the agency “is actively working on not one, but two investigations involving Springfield Energy.”