Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine, has unveiled shocking details of how the former Chief Executive Officer of the National Food and Buffer Stock Company Limited (NAFCO), Mr. Hanan Abdul Wahab, and his wife, Mrs. Faiza Seidu, allegedly laundered millions of Ghana cedis in stolen public funds into a sprawling portfolio of luxury real estate and high-end assets across Ghana.
Addressing the media in Accra, Dr. Ayine stated that contemporaneous tracing of the proceeds of the criminal enterprise, uncovered during the Economic and Organized Crime Office’s (EOCO) ongoing investigation—codenamed “Rumble in the Jungle”—has led to the discovery of several properties purchased with illicitly acquired wealth.
He revealed that the couple, while in charge of managing funds meant for feeding schoolchildren under the National School Feeding Program, were simultaneously acquiring multi-million-dollar properties and luxury goods using complex money-laundering channels.
According to the Attorney General, the investigations confirm that the couple bought a five-bedroom mansion from Chain Homes Limited between February 2019 and December 2020 at a cost of $1.625 million.
“Of this amount, $575,000 was paid in cash directly to Chain Homes,” Dr. Ayine disclosed. He said this particular property stands as one of the clearest illustrations of how public officials convert taxpayer funds into private assets while pretending to serve the public interest.
In addition to the Chain Homes mansion, Dr. Ayine revealed that Mr. Abdul Wahab and his wife used two of their companies—Fahousa Ventures, owned by the wife, and Fahousa Company Limited, jointly owned by the couple—to purchase another three-bedroom house at Cantonments in Accra for $600,000.
Though the payment was made through their companies, the land documents were registered solely in the wife’s name, a move the Attorney General described as an attempt to conceal ownership and disguise the trail of illicit funds.
The couple also acquired prime lands at the Airport Development Site between October 2019 and February 2021 for $750,000, all paid in cash in Mrs. Seidu’s name.
“We have the cash receipts from the developer,” Dr. Ayine said, adding that the couple later contracted Mendeja & Sousa Construction Limited in July 2021 to construct the shell and core of a luxury building at a cost of $691,650, excluding architectural design expenses from Ansara Architecture Pty Ltd. based in South Africa. “That property now sits on Trade Plus land and is valued at approximately $2.5 million,” the Attorney General disclosed.
Purchase of Prime Government Land
The investigation also uncovered how the couple purchased 0.32 acres of prime government land through a questionable transaction involving one Anthony Duke, a well-known land agent who has previously been linked to controversial demolitions involving the Nigerian High Commission and Bulgarian Consulate.
According to Dr. Ayine, Duke purchased the land from the Ministry of Lands and the Lands Commission at a price of GHS 307,200, only to sell it almost immediately to Mr. Abdul Wahab for GHS 2.57 million.
“The payment came directly from the proceeds of crime, routed through Sortina Enterprise and Alcani Enterprise before being paid to Anthony Duke”.
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
Following the sale, Duke’s sister, Antoinette Tibu-Darko, a staff member of the Dankwa Institute, wrote to the Lands Commission on Duke’s instructions to have the lease registered in Mr. Abdul Wahab’s name.
“But in May 2020, she made a U-turn and directed that the documents be reissued in the name of Mrs. Faiza Seidu,” Dr. Ayine said, describing the maneuver as part of a calculated effort to obscure the true ownership of the property.
The couple subsequently developed four units of four-bedroom apartments on the land, which investigators have since frozen pending valuation. Other notable assets acquired through the alleged criminal enterprise include a 17-bedroom boutique hotel in Tamale, operated under a franchise agreement with Villa Monticello, one of Ghana’s most luxurious hospitality brands.
“They paid $250,000 to Villa Monticello to use their brand name to disguise the ownership of the hotel. But we have obtained all receipts and documents confirming the deal.”
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
The Attorney General also listed several other properties linked to the couple, including a four-bedroom bungalow in Dzorwulu valued at GHS 4.1 million, a three-story commercial building housing Chicken Republic at Tamale Estate Junction.
There is also a five-bedroom mansion at Kambele, Tamale, a three-bedroom residence at Palisi, a one-story house at No. 10 Selby Gardens, Achimota, as well as multiple parcels of land in Tamale, including 0.27 acres at Estate Junction and 0.29 acres near Workers College.
Assets Frozen by EOCO
Dr. Ayine confirmed that all the listed properties and assets have been frozen by EOCO and will be confiscated by the state through court proceedings. “We have no doubt that these properties were purchased from the proceeds of crime,” he emphasized.
In an unexpected revelation, Dr. Ayine disclosed that Mrs. Faiza Seidu admitted during interrogation that she was a housewife earning only GHS 5,000 a month from her husband.
“Her husband’s legitimate income as CEO of Buffer Stock started at GHS 14,000 in 2017 and rose to GHS 28,000 by December 2024. Now, do the mathematics. Could a couple earning that amount legitimately purchase a house costing $1.6 million at Chain Homes? The answer is obvious.”
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
He underscored the need for patience as the state builds an airtight case, saying that investigations began in February 2025 and are still ongoing.
“Accountability takes time and resources. If I rush to court and lose because of procedural objections, the same Ghanaians calling for haste will turn around and call me an incompetent Attorney General. I was never an incompetent lawyer in private practice, and I don’t intend to be one in public service.”
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
Dr. Ayine further disclosed that investigators have also frozen a fixed deposit account containing GHS 10 million at Republic Bank’s Labone branch belonging to the couple, in addition to several luxury items seized during the operation, adding that “The wife owns over 61 luxury bags, and the husband bought watches costing as much as GHS 1.5 million each.”
The Attorney General concluded that the case epitomizes how public corruption, if unchecked, undermines state programs meant to feed children and support local farmers.
“This is why we must demand accountability—not for the gods, but for ourselves as citizens,” he stressed, adding that the painstaking work being done will ensure justice is served and the looted wealth returned to the people of Ghana.
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