The High Court has revised the bail conditions for Osei Assibey Antwi, former Executive Director of the National Service Authority, reducing the amount from GH₵800 million to GH₵623 million while maintaining all other terms.
According to Accra-based Citi News, the adjustment followed arguments from Osei Assibey’s legal team, who contended that the initial bail sum was unrealistic and unattainable.
Osei Assibey is currently facing trial for alleged theft, money laundering, and causing financial loss to the state amounting to GH₵1.4 billion.
His lawyers argued that meeting the original GH₵800 million bail would require pledging numerous high-value properties in Accra or over a thousand houses in Kumasi, which they described as impractical.
They further noted that the primary purpose of bail—to prevent the accused from absconding—had already been met, as their client had surrendered his passports and been placed on a no-travel list.
The prosecution, led by Dufie Prempeh from the Office of the Attorney General, opposed the reduction, maintaining that the initial bail amount was fair and necessary to ensure the accused’s appearance in court.
After considering the arguments, the court ruled that while the alleged financial loss was significant, a reduced bail of GH₵623 million was more practical. All other conditions, including property pledges and sureties, remain unchanged.
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