The Accra High Court has granted bail worth GH¢63.5 million to the former CEO of the National Food Buffer Stock Company Limited (NAFCO), Hanan Abdul-Wahab Aludiba, and his wife, Faiza Seidu Wuni. The couple faces criminal charges. These charges relate to alleged corruption and financial losses to the state. The losses are reportedly over GH¢50 million.
Mr. Abdul-Wahab received bail of GH¢60 million. His wife, Faiza Seidu Wuni, was granted bail totalling GH¢3.5 million. Both require two justified sureties each. The court's decision follows their plea of not guilty to a revised 20-count charge sheet. The Attorney-General’s Department filed these charges. These allegations involve significant public funds, impacting state resources.
This case highlights concerns about public financial management in Ghana. The National Food Buffer Stock Company plays a crucial role in stabilizing food prices. It ensures food security for the nation. Allegations of corruption at such an entity can have wide-ranging economic consequences. They can erode public trust and divert resources meant for development. Past corruption scandals have led to significant financial drains on the national budget.
Details of the bail conditions are stringent. Both defendants must surrender their passports to the court registry. They are also placed on a stop list at all entry and exit points nationwide. This prevents any international travel while the trial continues. The court ordered them to report to the Economic and Organised Crime Office (EOCO) every two weeks. These measures ensure their availability for the proceedings. They remain under existing EOCO bail conditions until the new terms are met.
The trial is scheduled for a Case Management Conference on May 28, 2026. The prosecution must file all outstanding witness statements and disclosures within seven days. The defense must submit their list of witnesses by then, if any. The deadline for the accused to fully comply with all bail requirements is May 21, 2026. This legal process will scrutinize the financial dealings at NAFCO. It will also determine the extent of any financial loss incurred by the state.