Breaking: EOCO Arrests LPG Founder Kofi Akpaloo Over $1.9 Million Contract Investigation
The Founder and Leader of the Liberal Party of Ghana (LPG), Kofi Akpaloo, has been arrested by the Economic and Organised Crime Office (EOCO). Reports indicate that he was picked up by the Special Asset Recovery Unit (SARU) to assist in investigations surrounding a controversial contract.
According to initial findings, the case is linked to a $1,919,750.82 contract allegedly issued to Mr. Akpaloo and his wife in 2018. The contract and its execution have since come under scrutiny, prompting EOCO to initiate formal investigations.
Background of the Investigation
The Asset Recovery Unit of EOCO is tasked with probing financial crimes, contract irregularities, and potential misappropriation of public resources. In this case, investigators believe that the contract awarded to Mr. Akpaloo and his wife involved possible breaches that require further clarification.
While EOCO has not released the full details of the case, insiders suggest that the contract in question may involve government-linked financial commitments, raising questions about due process and accountability in the award and use of such funds.
Political and Public Reactions
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The arrest of Kofi Akpaloo, who has been a presidential aspirant and vocal figure in Ghanaian politics, has generated strong public interest. Supporters of the LPG leader argue that the move may be politically motivated, especially given the timing and his role as head of a political party. Critics, however, insist that no one should be above the law and that investigations of this magnitude are necessary to safeguard public interest.
Civil society groups and sections of the public have already called on EOCO to ensure transparency in the process. Analysts warn that the outcome of the investigation could impact not only Mr. Akpaloo’s political future but also the credibility of anti-corruption institutions in Ghana.
The Way Forward
As investigations continue, EOCO is expected to provide more clarity on the nature of the contract, the role of Mr. Akpaloo and his wife, and whether there were breaches of Ghana’s financial or procurement laws. For now, the public awaits official confirmation of charges, if any, and whether the case will be referred to the Attorney General for prosecution.
The development underscores Ghana’s ongoing struggles with contract management, accountability, and financial transparency, especially in high-profile cases involving political figures.
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