The Office of the Special Prosecutor (OSP) has filed fresh money laundering charges against Jacob Kwamina Amuah, 57, together with Mustapha Abdul-Hamid and Wendy Newman, accusing them of unlawfully acquiring and concealing over GH¢9.6 million through illegal transactions.
According to the charge sheet, the accused persons between March and November 2024 allegedly transferred an amount of GH¢9,612,159.15 from the Unified Petroleum Pricing Fund to Clifton Homes Limited for the purchase of six luxury houses at Loxwood, Bantre and Atlas in Accra.
The OSP says the money formed part of the proceeds of criminal activities involving the use of public office for profit and extortion under the colour of official authority.
The funds were reportedly obtained from bulk oil transporters and oil marketing companies who were unlawfully pressured to make payments.
Prosecutors allege the transactions were structured to conceal the illicit origin of the funds and to evade the legal consequences of their actions.
Jacob Kwamina Amuah, who served as the Coordinator of the Unified Petroleum Pricing Fund under the National Petroleum Authority (NPA) and Managing Director of Propnest Limited, is said to have collaborated with Mustapha Abdul-Hamid and Wendy Newman to carry out the alleged acts.
The charges, filed under section 1(1)&(2) and section 4 of the Anti-Money Laundering Act, 2020 (Act 1044), indicate that the accused knew or ought to have known that the money was obtained unlawfully.
