Former Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP), Kofi Ofosu Nkansah, has been granted bail in the sum of GH¢500,000 following his arrest and planned arraignment over allegations of publishing false news.

He is no longer required to appear in court as earlier scheduled for Thursday, February 12, 2026.

Mr. Nkansah had been formally charged by the National Investigations Bureau (NIB) in connection with claims he made during a radio discussion about alleged irregularities in the award of government-funded scholarships for studies abroad. The Bureau’s investigations into the matter are ongoing.

According to his legal team, the NIB had initially intended to arraign him before court, but later reviewed that decision.

The lawyer explained that Mr. Nkansah had provided the contact details of the individual who allegedly supplied him with the information in question, and that the Bureau had since reached out to that person.

He further indicated that when Mr. Nkansah was asked to report again, he was attending to his sick father at the KNUST Hospital in Kumasi.

“The NIB has since reviewed their decision to detain Kofi Ofosu and arraign him before court tomorrow, and so the effect of that review has been that they have decided to grant him bail in the sum of GHS500,000 with two sureties on the government payroll, and so tomorrow he is no longer being taken to court."

“He is supposed to report to the NIB’s office and so he satisfies them. The BNI is currently in the process of going to inspect the properties or homes of the sureties.”

Nana Agyei Baffour Awuah, counsel for Mr. Nkansah, disclosed this in an interview on Citi FM on Wednesday, February 11, confirming that his client will comply with the bail conditions as investigations continue.