NAFCO CEO released by EOCO
Analysis based on 8 articles · First reported Jul 09, 2026 · Last updated Jul 09, 2026
The event has limited direct market impact, primarily affecting Ghana's legal and governance reputation. It may influence investor confidence in state institutions and the rule of law.
Former CEO of the Ghana — National Food Buffer Stock Company (NAFCO), Hanan Abdul-Wahab Aludiba, was released unconditionally by the Ghana — Economic and Organised Crime Office (EOCO) on July 8, 2026, after being re-arrested at Accra International Airport on July 4 over allegations of attempting to access a frozen Republic Bank account. His arrest sparked a legal dispute between the Attorney-General's Office and his lawyers, led by former Attorney General Godfred Yeboah Dame, who condemned the arrest as unlawful. The case stems from earlier financial misconduct allegations during Abdul-Wahab's tenure at NAFCO, which were withdrawn after new evidence emerged. EOCO maintains its actions were lawful.
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