The Attorney-General and Minister of Justice, Dr. Dominic Ayine, has brought serious allegations against Alhaji Wahab Abdul-Hannan Aludiba, former Chief Executive Officer of the National Food and Buffer Stock Company, and his wife, accusing them of unlawfully acquiring a string of high-value properties across Ghana between 2018 and 2024 using funds derived from criminal activities.
Speaking at the Government Accountability series at Jubilee House, Dr. Ayine revealed that investigations uncovered a trail of misappropriated finances during Alhaji Aludiba’s tenure at the state-owned company, which were allegedly channelled into purchasing luxury homes, prime lands, and commercial real estate worth millions of dollars and Ghana cedis.
Among the properties identified were:
A five-bedroom house at Chain Homes, valued at US$1,625,000
A three-bedroom house at Cantonments, valued at US$600,000
Plots of land at the Airport Development Area, valued at US$750,000
A 17-bedroom boutique hotel at Gumani, Tamale, valued at US$250,000
A four-bedroom bungalow at Dzorwulu, Accra, valued at GHS4,142,451
0.32-acre government land purchase, valued at GHS307,200
The Attorney-General indicated that the funding sources for these acquisitions were traced directly to illicit financial dealings connected to the operations of the National Food and Buffer Stock Company during the period in question.
Dr. Ayine further stated that legal proceedings are being launched to recover the properties and prosecute those involved, in accordance with Ghana’s Anti-Money Laundering Act and Public Property Protection laws.
The revelations have sparked renewed debate on corruption and accountability in State-Owned Enterprises, with public calls for stronger oversight and increased transparency in the management of public resources.
Source: Apexnewsgh.com
