The Attorney General and Minister for Justice, Dr Dominic Akuritinga Ayine, has disclosed that the former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCo), Hanan Abdul-Wahab, is subject of a major corruption investigation involving the alleged acquisition of luxury properties and assets believed to have been financed with stolen public funds.
Speaking at a press briefing in Accra on Wednesday, October 22, 2025, as part of the Government Accountability Series, Dr Ayine detailed findings that point to a pattern of financial misconduct and lavish spending by the former CEO during his tenure.
According to the Attorney General, investigators from the Economic and Organised Crime Office (EOCO) have traced several high-value properties and suspicious financial transactions linked to Abdul-Wahab, which they suspect were funded through proceeds of crime.
Abdul-Wahab was arrested on June 25, 2025, together with his wife, Faiza Seidu Wuni, for alleged large-scale financial irregularities at NAFCo.
He was detained by EOCO for two weeks before being granted bail of GH¢60 million with two sureties, while his wife was later released on a GH¢30 million bail.
The Attorney General disclosed that the illegally acquired assets linked to Abdul-Wahab include:
• A five-bedroom house at Chain Homes, valued at $1.625 million
• A three-bedroom house at Cantonments, purchased for $600,000
• Multiple plots of land at Airport Development Area, worth $750,000
• A 17-bedroom boutique hotel in Gumani, Tamale, acquired for $250,000
• A four-bedroom bungalow at Dworwulu, Accra, valued at GH¢4.14 million
• A 0.32-acre parcel of government land, purchased for GH¢307,200
SP/MA
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