Former STC Boss Nana Akomea Refutes Land Sale Allegations, Blames NDC for Past Asset Disposals Nana Akomea

Former STC Boss Nana Akomea Refutes Land Sale Allegations, Blames NDC for Past Asset Disposals

Former Managing Director of the State Transport Company (STC), Nana Akomea, has dismissed allegations that he sold lands belonging to the company during his tenure, describing the claims as politically motivated and baseless.

Speaking on Point Blank on Eyewitness News on Monday, December 8, 2025, Mr. Akomea categorically denied any involvement in the sale of STC assets.

“I haven’t sold even a single foot of STC land. So I don’t understand why somebody would make such claims,” he insisted, emphasising that no STC property was sold while he was at the helm.

Mr. Akomea argued that responsibility for the disposal of STC lands lies with the previous National Democratic Congress (NDC) administration.

He alleged that around 2010, when the company was struggling financially, the government at the time approved the sale of about four acres of STC land in Takoradi to retail giant Melcom.

He further claimed that the NDC-era asset sales included the Managing Director’s official bungalow at Ridge, forcing him to secure alternative accommodation during his time as MD. “They sold 4 acres at the headquarters itself to a company called BCL,” Akomea added, stressing that these transactions occurred before his administration and were not linked to his leadership.

Nana Akomea maintained that the attempts to connect him to STC land sales are not only unfounded but are also intended to score political points.

Source: Apexnewsgh.com

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