Audio By Carbonatix
The High Court has once again revised the bail conditions of the former Executive Director of the National Service Authority (NSA), Osei Assibey Antwi, lowering the amount to GH¢120 million with two sureties.
The latest decision, delivered on Thursday, 11 December, marks a significant reduction from the previous figure of GH¢630 million.
Mr Assibey Antwi, who is facing charges including stealing, money laundering and causing financial loss to the state, had initially been granted bail in the sum of GH¢800 million.
This was later reviewed to GH¢630 million before the court agreed to a further downward variation following an application by his legal team.
Under the new arrangement, the two sureties must each provide justification with landed property valued at GH¢80 million.
Despite the revised financial terms, all other conditions remain in force. These include the confiscation of the former NSA boss’s passport and his continued placement on the no-flight list, preventing him from leaving the country while the case proceeds.
Prosecutors strongly opposed the application for a variation, insisting that the gravity of the offences—particularly the charge of stealing, which carries a potential custodial sentence of up to 25 years—warranted the original bail conditions.
They argued that the previous sums were proportionate to the seriousness of the allegations.
Defence lawyers, however, maintained that the earlier bail amounts were excessively punitive and practically impossible for their client to satisfy, effectively amounting to a refusal of bail.
They welcomed the court’s decision as a step towards ensuring fairness in the legal process.
Latest Stories
-
EVIDENCE: How Ghana’s Washington Embassy staff shared money extorted from visa and passport applicants
11 minutes -
Nations CEO fires warning to FC Diarra ahead of CAF Confederation tie
32 minutes -
Gov’t has abandoned most of its major promises, clinging to 2 or 3 achievements – Oppong Nkrumah
2 hours -
Three convicted for defrauding trader of GH¢38,450 through fake MoMo transaction
2 hours -
NPP demands immediate action over Ghanaian links to Asante Berko bribery case
2 hours -
Trump says it would be ‘terrible mistake’ to remove Infantino
2 hours -
Shama District Assembly invest ¢17m DACF on capital projects, 24-hour market
2 hours -
Court cannot proceed if counsel is unavailable during legal vacation – GBA to Chief Justice
2 hours -
Cocoa farmers urge review of Bill before presidential assent
2 hours -
Ashanti Regional Minister cautions students against indiscipline and teachers’ attacks
3 hours -
IMF urges Ghana to sustain quarterly electricity tariff adjustments
3 hours -
Christians urged to balance faith with healthcare
3 hours -
Informal peace structures critical to conflict prevention – Peace Council
3 hours -
Corporate Ghana, international community donate to government June 29 flood victims
3 hours -
Tourism Minister outlines government’s strategic decision to revamp Du Bois Centre
3 hours