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Resource Governance Group warns against potential financial risks at GoldBod

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Home»Local News»Former NAFCO CEO granted GH¢100m bail; wife gets GH¢50m
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Former NAFCO CEO granted GH¢100m bail; wife gets GH¢50m

By KrobeaOctober 30, 20252 Mins Read
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The former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Hanan Abdul-Wahab Aludiba, has been granted bail at an Accra High Court.

He was granted bail to the tune of GH¢100 million with six sureties.

Out of these sureties, four are to be justified.

His wife, Faiza Seidu Wuni, has also been granted bail to the tune of GH¢50 million with four sureties, three to be justified.

Both suspects have been placed on the Stop List of the Ghana Immigration Service (GIS) preventing them from travelling abroad during the period of the trial.

The two have been charged over a wide range of offences including stealing, money laundering, defrauding by false pretences, fraudulently and intentionally causing financial loss to the state, using public office for profit and intentional dissipation of public funds.

In all, they have been slapped with 21 charges by the Attorney General.

The offences are said to have been committed between February, 2017 and February, 2025 with the spoils totalling in excess of GH¢50 million.

The suspects face a jail term of up to 25 years.

Counsel for Mr Aludiba and his wife Joseph Kpemka expressed gratitude to the court for the “magnanimity” and he said they are obliged to meet the conditions in order to have his client face trial from home.

“It is incumbent on us to see how we can put together our act and meet the bail requirements but we are grateful to the court that it granted us the bail.”

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