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Friday, October 24, 2025

Beatrice Adu Breaks Down the Price Tags of “Luxury Bags Allegedly Bought by Ex-NAFCO CEO and Wife

In a riveting segment on her show “Agenda,” seasoned journalist Beatrice Adu peeled back the layers of a scandal that has gripped Ghana’s public sector—this time, focusing on the jaw-dropping prices of luxury handbags allegedly purchased by former National Food and Buffer Stock Company (NAFCO) CEO, Hanan Abdul Wahab, and his wife. The purchases, detailed in a report by the Attorney General, are part of a broader investigation into the alleged misappropriation of over GHC40 million meant for the School Feeding Program.

According to Adu’s breakdown, some of the bags cost upwards of $10,000 each, with brands like Hermès, Chanel, and Louis Vuitton topping the list. These weren’t just fashion statements—they were symbols of excess, allegedly funded by public money earmarked for feeding schoolchildren across Ghana. Adu’s analysis, aired on October 21, 2025, stunned viewers with its meticulous detail and unflinching tone.

The Attorney General, Dr. Dominic Ayine, had earlier briefed the media as part of the Government Accountability Series, revealing that the former CEO and his wife acquired multiple luxury items and properties during his tenure. Adu took those revelations a step further, itemizing the cost of each bag and comparing them to the average monthly income of Ghanaian citizens. “One of these bags could feed an entire school for a month,” she remarked, driving home the gravity of the alleged misuse.

The exposé has sparked outrage on social media, with hashtags like #BufferStockScandal and #LuxuryLoot trending nationwide. Citizens and civil society organizations are demanding swift legal action and full transparency. Adu’s segment has been praised for its clarity and courage, with many calling it a turning point in how media holds public officials accountable.

Beyond the handbags, the Attorney General’s report also accuses Abdul Wahab of acquiring six luxury properties and vehicles, all allegedly funded through diverted public funds. Formal charges including stealing, conspiracy to steal, and willfully causing financial loss to the state are expected to be filed soon.

As the scandal unfolds, Beatrice Adu’s reporting continues to shine a spotlight on the intersection of power, privilege, and accountability. Her breakdown of the “luxury bag” saga is more than a fashion critique—it’s a wake-up call for governance in Ghana.

Source: 3News

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