LPG Leader Kofi Akpaloo Granted Bail After Arrest Over Financial Crimes

LPG Leader Kofi Akpaloo Granted Bail After Arrest Over Financial Crimes

  • The leader of the Liberal Party of Ghana(LPG), Kofi Akpaloo, was arrested by EOCO operatives on September 3, 2025
  • The Deputy Attorney-General, Justice Srem-Sai, gave reasons for Kofi Apkaloo's arrest and the conditions for his bail
  • Ghanaians on social media thronged the comment section of Justice Srem-Sai's post to share their thoughts on the matter

Kofi Akpaloo, the leader of the Liberal Party of Ghana (LPG), is being investigated by the Economic and Organised Crime Office (EOCO) for various financial crimes.

He was picked up on September 3, 2025, at his residence in Kumasi, Ashanti Region.

Kofi Akpaloo, Percival Kofi Akpaloo, Financial crimes, arrest, EOCO, Granted bail.
EOCO grants Kofi Akpaloo bail after he was arrested for various financial crimes. Photo credit: @kofi.akpaloo.5
Source: Facebook

The EOCO has not made any statement after his arrest. However, the Deputy Attorney-General and Minister for Justice, Justice Srem-Sai, said Kofi Akpaloo had been granted bail.

In a post on social media, Justice Srem-Sai shared the reasons Kofi Akpaloo was arrested and the bail conditions he must meet to be released.

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“Suspect Percival Kofi Akpaloo is under investigation on allegations of various financial crimes (including fraud, causing financial loss to the State, dissipation of public funds, and money laundering). EOCO officials arrested him on Wednesday, September 3, 2025. He has, however, been granted police bail with the following conditions: GH¢10 million bond with 2 sureties to be justified. The suspect remains in the custody of EOCO pending the fulfilment of the bail conditions.”
Kofi Akpaloo, Percival Kofi Akpaloo, Financial crimes, arrest, EOCO, Granted bail.
Kofi Akpaloo is the founder of the LPG. Photo credit: @kofi.akpaloo.5
Source: UGC

Ghanaians react to Akpaloo’s bail

YEN.com.gh collated some reactions to the post made by Justice Srem-Sai on social media. Read them below:

@GHDeservesBest said:

“As for that guy, you should keep him there until every stolen state funds is retrieved and then jail him. He is no different from AduBoahene (and his wife & family), Ken Ofori Atta, Akuffo Addo (his daughters and family, Gabby Otchere Darko and many more. Make sure ORAL wins.”

@saben2010 wrote:

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“Time changes. You would have complained that the bail condition was exorbitant if you were in opposition. Today, you are the Deputy AG, so it is fine — you won't be in power forever.”

@Kofi_Phanteboi said:

“Nice one. He should exchange his sleeping position with Bawumia as he did during the balloting.”

@anipah_3 wrote:

“Your office has been doing this since this administration took over, yet nothing to show for it. Kindly be reminded that if you wait until 2027, any form of prosecution will be regarded as political persecution. Get to work now!”

@MrAwesomeLykwid said:

“When will EOCO ni whain whain stop this catch and release, actually prosecute some criminals. It's like they are running a "Pick Up" system. Suspects are picked up, they pay up, and go home to continue with their lives as usual.”

@francisco9gh wrote:

“Now I think ORAL means being slapped with a hefty bail condition, and after meeting it outside the stipulated time, you are free to go! NDC is getting some of us angry o....ayooooo!!!”

@mceben9001 said:

“My biggest problem is that you are not prosecuting them. You arrest them, throw all these words in the media, and never prosecute. Oh, when will ORAL succeed???”

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EOCO arrests and detains Chairman Wontumi

YEN.com.gh reported that the Ashanti Regional NPP Chairman Bernard Antwi Boasiako, popularly known as Chairman Wontumi, was arrested by the EOCO.

The Economic and Organised Crime Office arrested him after he reported for questioning on Tuesday, 27 May 2025.

Chairman Wontumi's arrest was reportedly linked to a $55 million fraud matter allegedly involving his company, Akonta Mining.

Source: YEN.com.gh

Authors:
Magdalene Larnyoh avatar

Magdalene Larnyoh (Human-Interest editor) Magdalene Larnyoh writes for the Human Interest Desk at YEN.com.gh. She has over ten years of experience in media and communications. She previously worked for Citi FM, Pulse Ghana, and Business Insider Africa. She obtained a BA in Social Sciences from the University of Cape Coast (UCC) in 2012. Reach out to her on magdalene.larnyoh@yen.com.gh