Audio By Carbonatix
The Economic and Organised Crime Office (EOCO) has finally released former National Food Buffer Stock Company (NAFCO) CEO, Abdul‑Wahab Hannan was from detention after spending two weeks in custody.
This comes after he met bail conditions set at GH¢50 million with two sureties, while his wife previously secured bail of GH¢30 million.
Mr Hannan and his wife were arrested on June 25 amid allegations of financial impropriety, including tax evasion, money laundering, and causing financial loss to the state.
Though EOCO secured a High Court judgment for bail, Mr Hannan remained detained until this week, reportedly due to delays in processing sureties .
The New Patriotic Party (NPP) and Minority in Parliament have been highly critical of the bail terms.
Deputy Minority Leader Patricia Appiagyei described them as “punitive and excessive,” warning they risk undermining the dignity of the accused.
Earlier, the party mobilised supporters outside EOCO’s offices in protest, urging the agency to either charge Mr Hannan formally or release him immediately.
Upon his release, Mr Hannan was greeted by family members outside the EOCO complex.
Latest Stories
-
I changed Rhythms of Africa’25 date to honour Daddy Lumba’s funeral – Sonnie Badu
1 hour -
KiDi gears up for another historic night at ‘Likor On The Beach’ 2025
1 hour -
17 arrested as IGP special operations team intensifies crime raids in Northern Region
1 hour -
Bright Simons: Is Bank of Ghana’s “Islamic Banking” rebrand too clever by half?
1 hour -
Mahama celebrates Kenya at 62nd Jamhuri Day, calling for stronger African unity
1 hour -
VAT on Insurance slowed policy uptake in 2025 — IBAG outgoing President
1 hour -
Beyond Abu Trica: Are Ghana’s Banks failing as gatekeepers of financial integrity
1 hour -
Ga-Dangme Council condemns alleged unlawful attempts to evict settlers at Okanta
1 hour -
Ghanaian environmentalist builds Christmas tree from plastic waste to spotlight pollution crisis
1 hour -
Noguchi makes HIV therapy breakthrough
1 hour -
ECOWAS leaders Convene in Abuja as Guinea-Bissau and Benin dominate agenda
1 hour -
US commends Mahama administration over cooperation on cybercrime, extradition
2 hours -
Pentecost University graduates 1,412 students, calls for jobs ready graduates at 2025 Convocation
2 hours -
Cocoa smuggling fueled by delayed payment by COCOBOD – Farmers
2 hours -
Bright Simons warns BoG’s ‘non-interest banking’ framework could create regulatory confusion
2 hours
