Former GIHOC M.D Kofi Jumah Picked Up By Security Operatives

Reports say former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah  has been picked up by state security agents from his Kumasi home.

The personnel arrived at Jumah’s home on Sunday (29 June) to effect the arrest after a request to speak with him.

According to reports, the personnel arrived at his residence, brandished a soft copy of a document they claimed was a warrant and proceeded to whisk him away.

Three lawyers have since arrived to offer legal representation, but no formal charges have been communicated. Additionally, neither the police nor any national security agency has officially claimed responsibility for the operation.

On 15 May, security operatives stormed Jumah’s residence in an attempt to recover state vehicles reportedly in his possession.

He was not present at the time of the operation.

Reports suggest Jumah is under investigation for alleged financial impropriety during his tenure.

Key concerns include the questionable acquisition of company vehicles and unauthorized sale of assets.

A 2019 letter from the GIHOC Board approved Mr. Jumah’s purchase of a Genesis G90 sedan for GHS 4,943.11—just 5% of its value.

An independent valuation had pegged the car’s worth at nearly GHS 99,000. Investigators say the vehicle was in good condition with no major maintenance history.

He is also accused of holding on to two additional vehicles, including an Audi valued at over $60,000, one of which was reportedly used by his son. One of the vehicles has since been returned to Accra.

Further allegations involve unauthorized sale of GIHOC properties in Tema worth over $700,000 and claims of bloated staff numbers under his leadership. Investigations are still underway.

More soon

Source:channel247online.com

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