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Attorney general details alleged COCOBOD contract fraud involving Kofi Akpaloo
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The Attorney General, Dominic Ayine, has detailed an alleged fraud case involving Mr Percival Kofi Akpaloo of the Liberal Party of Ghana, linking it to suspicious financial transactions connected to a COCOBOD feeder road contract.
Addressing the Government Accountability Series at the Jubilee House, he explained that the Financial Intelligence Centre flagged unusual transactions on an account held at First Bank Ghana and filed a Suspicious Transaction Report.
He noted that this action prompted an investigation by the Economic and Organised Crime Office, which established that Pomaa Universal (Gh.) Ltd, owned entirely by Akua Pomaa, was the rightful contractor awarded a COCOBOD feeder road project valued at over GH₵29.5 million in December 2020.
According to him, the project began and the first payment was correctly paid into the company’s account.
He explained that problems emerged with later payments, which raised red flags about misrepresentation, forgery and the unauthorized handling of cheques.
He disclosed that investigations showed Mr Akpaloo secretly registered a second company named Pomaah Universal (Gh.) Ltd, deliberately designed to closely resemble the original firm, with the difference being the addition of the letter “h”.
He stated that between December 2022 and June 2024, Mr Akpaloo collected eight cheques issued by the Ghana Cocoa Board in the name of Pomaa Universal (Gh.) Ltd, amounting to GH₵3,169,432.22, and deposited them into the account of his own company at First Bank Ghana.
He further explained that Akua Pomaa only became aware of the diversion in June 2024 after COCOBOD contacted her about outstanding payments on the contract. Upon making checks, she discovered that the funds had been redirected without her approval.
He added that she also alleged her signature was forged on the COCOBOD contract, using her former name, Mercy Owusu, to secure the agreement without her consent.
According to him, internal investigations by First Bank Ghana confirmed the fraud claims and concluded that Mr Akpaloo knowingly misrepresented ownership of the cheques.
He pointed out that the bank admitted operational failures, including its inability to detect differences between cheque payee names and account details.
He mentioned that the suspects investigated include Percival Kofi Akpaloo, Pomaah Universal (Gh.) Ltd and Delvine Akpaloo, the spouse of Mr Akpaloo.
He stressed that the evidence points to offences such as stealing, forgery and money laundering, adding that the suspects are expected to be charged in January as part of the accountability process.
By: Jacob Aggrey
Construction of a major underground stormwater drain along the Dr. Busia Highway within the Kaneshie enclave will commence on September 7, 2026.
The Project Coordinator for the Greater Accra Resilient and Integrated Development (GARID) Project, Dr. Kwadwo Ohene Sarfo, announced this at a special media briefing on Wednesday.
According to him, the works will involve the construction of a double-cell underground rectangular drain measuring approximately 10 metres wide and 1.95 kilometres long, stretching from Pamprom Junction to First Light Junction.
The new drain will replace the existing two 1.2-metre diameter pipes, which are inadequate to carry the volume of stormwater in the area.
Dr. Sarfo said the drain will connect at one end to the recently completed section within the Accra Academy campus and at the other end to the existing drain at Pamprom Junction.
He said the construction is expected to run from September 2026 to October 2027.
The project forms part of government’s broader flood prevention and mitigation programme aimed at addressing perennial flooding in Accra.
By Edem Mensah-Tsotorme
The former Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, has withdrawn from the party’s National Chairmanship race.
In a statement issued yesterday, Chairman Wontumi who is currently serving a 20-year jail term said his decision was driven by his love for the party and his unwillingness to let his personal circumstances distract the NPP from its rebuilding efforts.
“There are moments in the life of a man when the heart wants to continue, but duty demands sacrifice. Moments when one must quietly set aside personal ambition, not because the dream has died, but because the family he loves must not be made to carry his burden. Today, I find myself at such a painful moment,” he wrote.
He disclosed that after many nights of prayer, sober reflection and consultations with his family, legal team, party elders, campaign team and trusted supporters, he concluded that his present situation must not become an additional burden on the NPP.
“This is not the decision my heart desired, but sometimes, true love requires us to release what we deeply want in order to protect what we love even more,” he added.
Recounting his years of service, Chairman Wontumi said he had served the party with everything within him, walking through heat and rain, travelling to remote communities and standing with the grassroots in both victory and defeat.
“For many years, I have served the NPP with everything within me… The NPP is not merely a political party to me. It is my family. It is my home. It is a cause to which I have dedicated a significant part of my life,” he stated.
He explained that the party, already carrying the pain of electoral defeat and the huge responsibility of preparing for the future, should not be made to carry his personal weight.
“That is why I cannot allow my present situation or personal ambition to distract the party from the difficult work of rebuilding. I cannot ask the party to carry my weight when it is already carrying the pain of defeat and the enormous responsibility of preparing for the battle ahead. I would rather carry this pain quietly than allow the party I love to suffer because of me,” he said.
He further sympathized with his supporters across the 16 regions, acknowledging that the decision would be painful for many who had sacrificed for his campaign.
“To my teeming supporters across all sixteen regions, I know this message will hurt. I know many of you will read it with tears in your eyes because I understand the sacrifices you have made for this journey,” he said.
By Edem Mensah-Tsotorme
