Abdul Hannan Wahab
REPORTS INDICATE that the Economic and Organised Office (EOCO) has arrested Abdul Hannan Wahab, the immediate past Chief Executive Officer of the National Food Buffer Stock Company (NAFCO).
Although it is not clear what offences he was picked up for, multiple reports suggest he was arrested in a well-coordinated operation by the anti-graft office.
Sources close to the arrest indicate it is in relation to certain procurement issues during his term at NAFCO, but no specific contracts were mentioned.
The reports further suggested that Abdul Hannan Wahab was arrested during a simultaneous operation which took place in Accra and Tamale, which also led to the arrest of another unidentified individual believed to be connected to EOCO’s ongoing investigations into alleged financial and procurement-related infractions at NAFCO.
Meanwhile, EOCO is yet to issue any official statement on the arrests of the two, who are said to be assisting with investigations.
National Food Buffer Stock Company Limited is a statutory agency responsible for stabilising prices of essential commodities through strategic procurement and distribution.
New members were recently appointed to the board to enhance governance and provide fresh perspectives.
BY Gibril Abdul Razak