Court Confirms List of Properties Linked to Former NPA Boss Mustapha Hamid in GH¢291 Million Case

A court has confirmed a list of properties and assets linked to former National Petroleum Authority (NPA) Chief Executive Officer, Dr Mustapha Hamid, as the Office of the Special Prosecutor (OSP) pursues a GH¢291 million extortion and money laundering case involving the former official.

The OSP has presented bank statements and financial records to the court as part of its evidence in the case.

The list of assets includes cash, four fuel stations, parcels of land, residential buildings, apartments, uncompleted property developments and 23 fuel tanker trucks.

The properties and assets listed in connection with the case are as follows:

1. Cash: GH¢951,995.56.

2. Four fuel stations: Located at Opeikuma, Dansoman, Abeka Lapaz and Millennium City.

3. Land in Tamale: Valued at GH¢9.93 million.

4. Land at Haatso: Valued at GH¢2.737 million.

5. Land at Danyame, Kumasi: Valued at GH¢4.766 million.

6. Land at Adenta: Yet to be valued.

7. Two-storey residential building at East Legon: Valued at GH¢12.713 million.

8. Two-storey building at Adjiringanor: Valued at GH¢10 million.

9. Six-unit residential block at Agbogba: Valued at GH¢10 million.

10. Apartments: Located at Airport Residential Area, Boundary Road, Roman Ridge, The Signature, The Lennox, The Bantree and The Address.

11. Uncompleted apartment developments: Located at Airport City and Roman Ridge.

12. Fuel tanker trucks: A total of 23.

Several of the properties have been assigned monetary values, including the land in Tamale, Haatso and Danyame, as well as residential buildings at East Legon, Adjiringanor and Agbogba. However, the land at Adenta remains unvalued in the information provided, while valuations for the apartments, unfinished developments, fuel stations and tanker trucks were not specified.

The OSP's presentation of bank statements and financial records forms part of the proceedings in the case, which involves allegations of extortion and money laundering amounting to approximately GH¢291 million.

The listed assets and the financial evidence presented to the court are relevant to the proceedings. However, the confirmation of a list of properties should not, by itself, be interpreted as proof that every asset was acquired with proceeds of crime or that the accused has been convicted.

The court's specific findings on the ownership, acquisition and legal status of the assets will depend on the evidence and applicable legal proceedings.