Lawyers Deny OSP’s Claim of Seizing Dr. Mustapha Abdul-Hamid’s Assets

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Lawyers for former National Petroleum Authority (NPA) Chief Executive, Dr. Mustapha Abdul‑Hamid, have unequivocally rejected claims by the Office of the Special Prosecutor (OSP) alleging the seizure of assets worth more than GHC 100 million linked to their client.

In a detailed statement issued by Hay & Partners at Law on 5 November 2025, the legal representatives described the OSP’s announcement as “false, misleading, and injurious”. They assert that no assets or businesses belonging to Dr Abdul-Hamid have been traced, identified or confiscated by the OSP.

The statement emphasises that the amended charge sheet filed by the OSP on 17 October 2025, which lists five counts of alleged offences, does not reference any confiscated assets, business interests or property purportedly linked to Dr Abdul-Hamid. “Not even one of those charges mentions, refers to, or concerns any asset or business purportedly owned by Dr Mustapha Abdul-Hamid,” the lawyers said.

Lawyers Deny OSP’s Claim of Seizing Dr. Mustapha Abdul-Hamid’s Assets



According to the legal team, their client “owns no such assets, directly or indirectly, and no property worth the stated amount exists anywhere in connection with him.” They further accused the OSP of engaging in “public theatrics and false reportage” instead of focusing on prosecutorial diligence.

The background to this matter involves an investigation launched by the OSP into alleged corruption and corruption-related offences at the NPA. According to OSP statements released earlier, the task force claimed to have uncovered assets and property valued in excess of GHC 100 million and US$100,000 linked to individuals involved.

However, Dr Abdul-Hamid’s lawyers contend that none of those assets have been lawfully seized or formally linked to him. They maintain that he has cooperated fully with all investigation processes, attended court appearances, and remains compliant with the rule of law.

Lawyers,Mustapha
Mustapha Hamid
Lawyers Deny OSP’s Claim of Seizing Dr. Mustapha Abdul-Hamid’s Assets



The firm warned that attempts to misinform the public or prejudice opinion against their client could undermine the integrity of Ghana’s judicial system. They reiterated that Dr Abdul-Hamid remains innocent until proven guilty under the 1992 Constitution of Ghana.

As the matter proceeds through the courts, observers will monitor whether the OSP provides further disclosures or revisions to its case, and whether the allegations around asset seizure can be substantiated.

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Author

  • Daniel Ablordey

    Daniel Ablordey is a Business Analytics student at the University of Ghana Business School and an emerging strategist at the intersection of data, markets, and narrative. With a keen analytical mind and a passion for African business and economic trends, he is building a career focused on translating complex data-driven insights into accessible, decision-relevant stories that matter.As a writer and editor with Insight Ghana, African Business Insight, and The African Journal, Daniel delivers sharp, high-impact analysis on current affairs, business developments, and emerging trends across the continent. His work is defined by precision, clarity, and a deep commitment to responsible journalism — ensuring that every story he tells is not only accurate but meaningful to the audiences it serves.Beyond his editorial work, Daniel serves as an Ecobank Youth Ambassador, where he actively promotes financial inclusion, digital banking, and financial literacy among young Ghanaians. His leadership experience spans academic, professional, and faith-based institutions, where he has consistently driven initiatives centered on growth, structure, and long-term impact.Grounded in the principles of Pan-Africanism and service, Daniel brings a rare combination of analytical rigour and storytelling depth to his work. Whether unpacking market behavior, profiling emerging business leaders, or covering cultural shifts shaping the continent, he approaches every assignment with strategic intent and editorial integrity.His broader ambition is to contribute to Africa's transformation by shaping how data, business, and storytelling intersect — not just locally, but on a global stage.

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Daniel Amenyo Ablordey
Daniel Ablordey is a Business Analytics student at the University of Ghana Business School and an emerging strategist at the intersection of data, markets, and narrative. With a keen analytical mind and a passion for African business and economic trends, he is building a career focused on translating complex data-driven insights into accessible, decision-relevant stories that matter.As a writer and editor with Insight Ghana, African Business Insight, and The African Journal, Daniel delivers sharp, high-impact analysis on current affairs, business developments, and emerging trends across the continent. His work is defined by precision, clarity, and a deep commitment to responsible journalism — ensuring that every story he tells is not only accurate but meaningful to the audiences it serves.Beyond his editorial work, Daniel serves as an Ecobank Youth Ambassador, where he actively promotes financial inclusion, digital banking, and financial literacy among young Ghanaians. His leadership experience spans academic, professional, and faith-based institutions, where he has consistently driven initiatives centered on growth, structure, and long-term impact.Grounded in the principles of Pan-Africanism and service, Daniel brings a rare combination of analytical rigour and storytelling depth to his work. Whether unpacking market behavior, profiling emerging business leaders, or covering cultural shifts shaping the continent, he approaches every assignment with strategic intent and editorial integrity.His broader ambition is to contribute to Africa's transformation by shaping how data, business, and storytelling intersect — not just locally, but on a global stage.