Ex-Buffer Stock CEO, wife granted GH₵150m bail

The High Court in Accra, presided over by Justice Audrey Kocuvi-Tay, has granted bail amounting to GH₵150 million for Hannan Abdul-Wahab and his spouse, Faiza Seidu Wuni, both of whom are currently on trial in connection with the National Food and Buffer Stock Company case.

They both pleaded not guilty to 24 charges, which include stealing, defrauding by false pretences, intentional dissipation of public funds, money laundering, and the misuse of public office for personal gain.

Hannan has been granted bail set at GHS100 million, requiring six sureties, four of whom must justify landed property. The Court has also mandated that the accused be placed on a stop list at all points of entry and exit within the country.

The sureties are required to submit copies of their Ghana Cards and must notify the Court of any changes in their address. The accused are obligated to report to the investigator every Wednesday until the case reaches a final resolution, and the investigator is tasked with submitting a monthly compliance report.

The second accused, Faiza Seidu Wuni (A2), has been granted bail separately in the amount of GHS50 million, with four sureties, three of whom must be justified with landed property located within the jurisdiction of the court. She is also required to surrender all passports and report to the investigator every Wednesday.

Additionally, the Court has instructed that disclosures be submitted by 27th November at 9:00 a.m. in preparation for the Case Management Conference.

During the proceedings, Deputy Attorney-General Dr. Justice Srem-Sai informed the Court that the prosecution was “not opposed to bail,” but urged the Court to consider the severity and nature of the charges, characterising them as white-collar crimes involving over GHS115 million.

He further noted that the accused, being “a man of substantial means with a fixed abode in a prime area of Accra,” could potentially be a flight risk.

Counsel for the defendants, Joseph Dindiok Kpemka, implored the Court to approve bail, emphasising that both A1 and A2—who are a married couple with young children—had fully cooperated with EOCO investigations and had never failed to appear when summoned.

“When bail was granted at EOCO, they abided by all the terms. It was a shock that the sureties presented were found to be forged; we could not have verified that,” he stated.

Mr. Kpemka also referenced Article 19(2)(c) of the 1992 Constitution, reminding the Court that “a person is presumed innocent until proven guilty.”

He further asserted that the bail conditions should not be so severe as to constitute a denial, given that there was no evidence indicating that the accused had attempted to evade investigations.

The case has been postponed for a Case Management Conference on November 27, 2025, at which time disclosures are anticipated to be submitted.