– The Office of the Attorney-General (AG) will file charges against Mr Percival Kofi Akpaloo, the Founder and Leader of the Liberal Party of Ghana (LPG) and his wife, Delvine Akpaloo for engaging in various criminal offences.
Dr Dominic Akurutinga Ayine, the Attorney-General and Minister of Justice said that the evidence showed that the couple engaged in various criminal offences, including stealing, forgery, and money laundering.
The AG made the disclosure on Monday when he presented to Ghanaians final conclusions of investigations by the Economic and Organised Crime Office (EOCO) during the Government Accountability Series Press Conference at the Presidency in Accra.
He said the Financial Intelligence Centre (FIC) flagged and filed a suspicious transaction report with First Bank Ghana regarding transactions on an account belonging to Pomaah Universal (Gh.) Ltd.
He noted that following the STR by the FIC, the EOCO began an investigation into the matter.
Dr Ayine said the investigations revealed that Pomaa Universal (Gh.) Ltd, a business entity owned entirely by Akua Pomaa, was the legitimate contractor that was awarded a COCOBOD feeder road contract.
He said the contract, valued at over Ghs29.5 million, was awarded in December 2020.
He noted that although the project commenced and an initial payment was properly deposited into Pomaa Universal Limited account, subsequent payments raised serious concerns regarding misrepresentation, forgery, and unauthorized handling of cheques.
“Our investigations revealed that Akpaloo secretly incorporated a separate company, Pomaah Universal (Gh.) Ltd, deliberately designed to closely resemble Pomaa Universal (Gh.) Ltd, differing only by the addition of an “h”. ” Dr Ayine said.
“Between December 2022 and June 2024, Akpaloo collected eight cheques issued by COCOBOD in the name of Pomaa Universal (Gh.) Ltd, totaling Ghs3,169,432.22, and deposited them into the account of his own company at First Bank Ghana.”
He said investigations also confirmed that Akua Pomaa was unaware of both of the existence of Pomaah Universal (Gh.) Ltd and the diversion of funds until COCOBOD contacted her in June 2024 regarding outstanding balances on the contract.
The AG said she subsequently discovered that Akpaloo had collected and misdirected the payments without her consent.
He said Akua Pomaa also alleged that Akpaloo forged her signature on the COCOBOD contract using her former name, Mercy Owusu, to secure the agreement without her authorization.
Dr Ayine said First Bank Ghana’s internal investigations corroborated the fraud allegations, concluding that Akpaloo knowingly misrepresented ownership of the cheques and deposited them into the wrong account.
He said the Bank acknowledged operational failures in detecting discrepancies between the cheque payee names and the account numbers.
Dr Ayine said the suspects who had been investigated were Percival Kofi Akpaloo, Pomaah Universal (Gh.) Ltd, and Delvine Akpaloo, the spouse of Percival Kofi Akpaloo.
He said the evidence showed that they engaged in various criminal offences, including stealing, forgery and money laundering and would be charged by his Office in January.
GNA
Christian Akorlie
Dec. 22, 2025
