At approximately five in the morning on Thursday, May 15, 2025, national security apparatus agents broke into the home of Maxwell Kofi Jumah, the former managing director of GIHOC Distilleries, with the goal of reclaiming state vehicles that were purportedly in his custody.
During the operation, Mr. Jumah, a previous appointee of former President Nana Addo Dankwa Akufo-Addo, was not present.
Mr. Jumah is presently being investigated, according to sources, for alleged financial misconduct during his employment, which includes the dubious purchase of state vehicles and improper handling of business assets.
The GIHOC Board of Directors authorized Mr. Jumah’s acquisition of a Genesis G90 saloon car (registration number GE 86 22-19) on August 1, 2019, in compliance with his Managing Director Conditions of Service.
Apea Twumasi-Ankrah, the company’s secretary and head of administration, stated in a letter that the car, which was once worth over $100,000, was sold to him for barely 5% of its value, or GHS 4,943.11.
The 2018 model, which had a 3,300cc engine and the chassis number KMHG34JXJU039991, could accommodate five people and had a 38,971-kilometer mileage.
Important parts such as the engine, transmission, suspension, brakes, steering, and electrical systems were deemed to be in “good” condition after a technical inspection and to have no history of previous maintenance.
According to an independent assessment by the State Transport Corporation, the car is worth GHS 98,862.00.
Daniel K. Orhin, certified under certification number 0014073, conducted the appraisal.
Additionally, Mr. Jumah is under investigation for reportedly keeping two more government cars, one an Audi worth more than $60,000, without the Board’s formal consent.
He reportedly then ordered security guards to return the cars, pointing out that one had belonged to his son.
One of the cars has so far been successfully recovered and returned to Accra.
Additional accusations state that Mr. Jumah overstated GIHOC’s workforce, putting the business under financial strain.
Additionally, he is charged with selling corporate properties in Tema worth more than $700,000 without the required authority.
Source: newsthemegh.com