Leader of the Liberal Party of Ghana (LPG), Percival Kofi Akpaloo, has dismissed allegations of financial crimes against him, describing the Economic and Organised Crime Office’s (EOCO) probe as politically motivated and an attempt to tarnish his image.
Speaking in an interview on Adom FM’s Dwaso Nsem, Mr. Akpaloo confirmed that he was granted a GH¢10 million bail but was unable to meet the surety requirements, which kept him in detention last week.
He disclosed that EOCO officials escorted him to Ayomsuo at dawn on Monday to inspect a feeder road project he executed under one of his contracts.
“We toured the entire stretch from Kyenkyehene Junction through Kutuase and back to Kumaho. Even the EOCO officials were impressed because the local people gave testimony that the road was well constructed,” he recounted.
Akpaloo stressed that the project, carried out four years ago, was fully funded with his own resources and not government funds.
“The government has not paid me in full. The little money I received, I used to buy chippings and start the first coat of coaltar. I haven’t been able to buy the bitumen yet because I haven’t been paid. How can they accuse me of causing financial loss to the state?” he questioned.
The LPG leader further stated that no formal charges have been filed against him, insisting that the ongoing investigations into alleged money laundering, forgery, and misapplication of funds are politically driven.
“I have provided all the necessary information. Even the feeder road officers and assembly members can testify that I did the work and did it well. My arrest and the entire probe is just to please their grassroots,” he alleged.
He also revealed that he had started building a school in Kutuase to support children who travel long distances for education, but the project stalled due to lack of funds.
Mr. Akpaloo was released from custody on Thursday, September 11, 2025, following his arrest on September 3. EOCO is yet to issue a formal statement on the outcome of its investigations.
Source: Gertrude Otchere
ALSO READ:
- Deputy AG reveals why EOCO is investigating Kofi Akpaloo
- Some allegations are news to me – Akpaloo’s lawyer on bail release efforts [Listen]
- Kofi Akpaloo released from EOCO custody
