Attorney-General and Minister for Justice, Dr. Dominic Ayine, has revealed that former Chief Executive Officer of the National Food and Buffer Stock Company, Abdul-Wahab Hannan, allegedly acquired several luxury properties across Accra and Tamale using proceeds from financial misconduct.
Speaking during a briefing under the Government Accountability Series at the Jubilee House, Dr. Ayine said investigations have traced illicit funds to the purchase of multiple high-value assets worth millions of dollars and Ghana cedis.
The properties allegedly linked to Mr. Hannan include:
- A five-bedroom house at Chain Homes valued at $1.625 million
- A three-bedroom house at Cantonments worth $600,000
- Plots of land at Airport Development estimated at $750,000
- A 17-bedroom boutique hotel at Gumani in Tamale valued at $250,000
- A four-bedroom bungalow at Dzorwulu, Accra, costing GHS 4,142,451
- A 0.32-acre government land purchased for GHS 307,200
Dr. Ayine explained that the discoveries form part of an ongoing investigation into a GHS 40.5 million money-laundering scheme involving Sawtina Enterprise, a company reportedly linked to the former CEO.
He emphasized that the government is determined to recover all assets acquired through unlawful means and ensure accountability in the use of public resources.
“These revelations demonstrate our unwavering commitment to fighting economic crimes and reclaiming what rightfully belongs to the people of Ghana,” Dr. Ayine stated.
Source: AdomOnline
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