Audio By Carbonatix
The Office of the Special Prosecutor has shared accomplishments of Kissi Agyebeng since assuming office in August 2021.
This follows criticisms of the OSP from various stakeholders, including the Ghana Bar Association and some experts, following a press conference he organised to express some frustrations his office has faced.
The press conference sparked debates and raised questions about whether the office is relevant in the fight against corruption and related activities.
In response to critics, the Office, in a communique on December 15, 2023, touted its achievements.
These range from investigations, prosecution, asset recovery, and management to the prevention of corruption.
Disruption of Counterfeit Foreign Currency Manufacturing Network
The OSP said it has disrupted a syndicate involved in the production of a substantial amount of counterfeited foreign currency and made seizures in two warehouses in Accra and Tema where an amount of $40 million was discovered in concealed steel trunks.Â
During the OSP's inquiry into a contract granted for poverty alleviation in regions up north to a private contractor, the Office's prompt action prevented the nation from disbursing over GH₵5 million beyond the contracted amount.
The Special Prosecutor halted the Controller and Accountant General from making the payment until the investigations were completed and all individuals implicated are undergoing trial in a court in Tamale.


Suspension of TOR-Torentco Deal
Kissi Agyebeng has suspended a $22 million lease agreement between TOR and Tema Energy and Processing Limited for corruption risk investigations.
The OSP explained that the risk assessment focuses on the potential danger posed to the assets of TOR by the apparent decision of the Management to allow Torrentco/TEPL to obtain access to critical infrastructure of the state-owned company before, as the Board of Directors have readily acknowledged, due diligence on the transaction was complete.
Adding that if the decision was by any means induced or influenced by corruption or corruption-related activity, and it is established that such inducement led to an unqualified company accessing or operating the assets in question, more than $450 million of national assets could have been endangered.

Closed pathways for corrupt practices and tax avoidance
Further, after OSP said after inquiry into the misuse of Customs Advance rulings and benchmark values, Parliament eliminated the provisions that permitted the discretionary use of such practices.
This implies that the action has effectively closed a significant loophole that previously enabled the circumvention and underpayment of duties and taxes on imported goods, thereby safeguarding the nation from potential revenue losses amounting to millions of cedis and preventing unscrupulous officers from colluding with importers to manipulate taxes and secure personal gains at the expense of the country's revenue.



Latest Stories
-
IGP inaugurates Ghana Police Music AcademyÂ
10 minutes -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
12 minutes -
Constitution review was inclusive, structured and effective – Prof Prempeh
18 minutes -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
20 minutes -
Why the fight against neglected tropical diseases is far from over
23 minutes -
Reported losses from gold operations in 2025 remain speculative – BoG
53 minutes -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
1 hour -
Amaarae returns to Accra for homecoming concert
1 hour -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
1 hour -
BoG set to exit gold trading business, describes IMF’s losses tag as premature
2 hours -
Minerals Commission Board member warns Blue Water Guards against bribes
2 hours -
Santasi–Ahodwo dualisation takes off; businesses given final eviction deadline
2 hours -
Proposed 5-year presidential term will not apply to current President – Prof Prempeh
2 hours -
Key observations on the Constitutional Review Commission Report submitted to President Mahama
2 hours -
Video: JoyNews engages Prof Kwasi H. Prempeh on proposed constitutional reforms
2 hours
