The Economic and Organised Crime Office (EOCO) has arrested Percival Kofi Akpaloo, leader of the Liberal Party of Ghana (LPG) and the party’s 2024 presidential candidate, over alleged involvement in multiple financial crimes, including fraud, causing financial loss to the state, dissipation of public funds, and money laundering.
According to Justice Srem Sai, the Deputy Attorney General, Mr. Akpaloo was picked up by EOCO officials on Wednesday, September 3, 2025, and subsequently granted police bail under strict conditions. “The suspect has been granted a GHC 10 million bond with two sureties to be justified,” Srem Sai disclosed in a statement.
Despite the bail approval, Mr. Akpaloo remains in EOCO custody pending the fulfillment of the bail requirements.
Family sources told Citi News that the LPG leader was arrested at his Kumasi residence and taken away by officials, though EOCO has yet to issue an official statement clarifying the specific details of the allegations. His current whereabouts remain uncertain.
Mr. Akpaloo is a familiar figure in Ghanaian politics, known for appealing to younger voters despite leading a relatively small political party. He gained attention during the 2024 elections, where he positioned himself as an alternative voice to Ghana’s two dominant political parties.
The arrest comes just weeks after Akpaloo publicly apologised for controversial remarks he made in the aftermath of the tragic August 6 military helicopter crash in Adansi Akrofuom, which claimed eight lives, including his close friend, Dr. Omane Boamah.
In an interview on Asempa FM’s Ekosii Sen programme, he expressed remorse, saying, “I am not happy at all, and I feel terrible that my comments caused pain to many people and families. I am sincerely sorry and ask for their forgiveness.”
The development has sparked intense public debate, with supporters demanding transparency from EOCO, while critics point to growing political tensions ahead of Ghana’s next electoral cycle.
