Ex-Buffer Stock CEO and Wife Granted GH₵150M Bail in Ongoing Corruption Trial

Ex-Buffer Stock CEO and Wife Granted GH₵150M Bail in Ongoing Corruption Trial

  • Former NAFCO CEO, Hannan Abdul-Wahab, and his wife, Faiza Seidu Wuni, were granted bail by the Accra High Court
  • Hanan was granted bail of GH₵100 million with six sureties, while Faiza secured bail of GH₵50 million with four sureties
  • The husband and wife were also ordered to report to the investigator weekly and comply with other court conditions

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The former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Hannan Abdul-Wahab, and his wife, Faiza Seidu Wuni, have been granted bail by the High Court in Accra.

The couple are standing trial in the NAFCO case, facing 24 counts of stealing, defrauding by false pretences, intentional dissipation of public funds, money laundering, and using public office for profit.

Abdul-Wahab Hanan, former NAFCO boss, Buffer Stock Company, High Court, Attorney General, Faiza Seidu, Wuni
Hannan Abdul-Wahab, the ex-Buffer Stock CEO, and his wife, Faiza Seidu, Wuni, secure GH₵150m bail in the ongoing corruption trial. Photo credit: Abdul-Wahab Hanan Aludiba/Facebook.
Source: Facebook

Appearing in court on October 30, 2025, the accused pleaded not guilty, denying the charges levelled against them by the Attorney General and Minister for Justice, Dr Dominic Ayine.

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Bail conditions for Abdul-Wahab in NAFCO case

The ex-NAFCO CEO was granted bail in the sum of GH₵100 million with six sureties, four of which must be justified with landed property.

In addition, the sureties were to deposit copies of their Ghana Cards and were required to inform and update the court of any change in address.

The presiding judge, Justice Audrey Kocuvi-Tay, directed that Hanan be placed on an immigration stop-list at all entry and exit points in the country.

He was also ordered to submit his passports and report to the investigator every Wednesday until the final determination of the case.

The investigator is required to file a monthly report on the former Buffer Stock boss's compliance with the court order.

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Faiza Seidu Wuni's bail conditions set

The former NAFCO boss's wife, Faiza Seidu Wuni, separately secured bail in the sum of GHS50 million with four sureties.

The sureties, according to the court order, were to be justified with landed properties within the court’s jurisdiction.

Faiza was also required to deposit her passport and report to the investigator every Wednesday until the final determination of the case.

Furthermore, the court directed that disclosures be filed by November 27, 2025, at 9:00 a.m. for the Case Management Conference.

Read the Facebook post below:

Reactions to Abdul-Wahab, wife's bail conditions

Some Ghanaians on social media have reacted to the bail conditions set for Hannan Abdul-Wahab and his wife.

YEN.com.gh compiled a few of the reactions below:

@Yaw Osom Badu said:

"What buffer are they stocking, food shortages are everywhere in the country so what is actually his duty at the level? Chale jail him and let's go forward, I don't know why JDM is silent about these issues and their prosecutions. Chale Nsawam need more workers oooo."

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@Eldrige Miralem Wala Bryant also said:

"Trillions old Ghana cedis o !eiii Npp government Nyame betua mone mo aseforr nyinaa ka.EwudeforrI’m in tears."

@Morten Nescon Akumatey commented:

"People have money oo."
Osei Assibey Antwi NSS scandal, ghost names, NSP personnel, NSA Boss, Director-General, High Court
Ex-NSA boss, Osei-Assibey Antwi, secures bail of GH¢800m with six sureties and is placed on a travel ban. Photo credit: Hon. Osei Assibey Antwi/Facebook.
Source: Facebook

Ex-NSA boss granted GH¢800m bail

Meanwhile, YEN.com.gh reported that the former NSA boss, Osei-Assibey Antwi, had pleaded not guilty to 14 counts of financial crimes, including money laundering and stealing.

The Accra High Court granted him GH¢800 million bail, and conditions included a travel ban. His lawyer condemned the media vilification, stating that his client was cooperating.

Proofreading by Bruce Douglas, copy editor at YEN.com.gh.

Source: YEN.com.gh

Authors:
Salifu Bagulube Moro avatar

Salifu Bagulube Moro (Human-Interest Editor) Salifu Bagulube Moro is a Current Affairs Editor at YEN.com.gh. He has over five years of experience in journalism. He graduated from the Ghana Institute of Journalism in 2018, where he obtained a Bachelor’s Degree in Communication Studies with a specialization in Journalism. Salifu previously worked with Opera News as a Content Management Systems (CMS) Editor. He also worked as an Online Reporter for the Ghanatalksbusiness.com news portal, as well as with the Graphic Communications Group Limited as a National Service Person. Salifu joined YEN.com.gh in 2024. Email: salifu.moro@yen.com.gh.