Maxwell Kofi Jumah
MAXWELL KOFI Jumah, the former Managing Director of GIHOC Distilleries Company Limited, has been arrested by the Economic and Organised Crime Office (EOCO) for alleged financial irregularities during his tenure at the company.
Sources indicate that Kofi Jumah was apprehended on Tuesday, April 28, at his residence in Kumasi and has since been in EOCO custody.
His arrest is part of a broader investigation into alleged breaches of public financial management protocols during his time at GIHOC.
Kofi Jumah’s house was again ransacked at his Atonsu residence in the Ashanti Region on April 14.
On June 29, 2025, National Security operatives ransacked Mr. Jumah’s house and arrested him at his Kumasi residence following investigations into alleged financial misconduct during his time at GIHOC Distilleries.
The Criminal Investigations Department (CID) of the Ghana Police Service successfully retrieved three vehicles linked to his arrest.
Investigators are currently examining how certain official resources were managed under his leadership. Details surrounding the case are still emerging as the investigation continues.
Maxwell Kofi Jumah is among several top appointees from the opposition New Patriotic Party (NPP) who have come under scrutiny from the ruling National Democratic Congress (NDC) as part of their accountability initiative aimed at holding former officeholders responsible for their actions.
His arrest stemmed from complaints filed by company workers with the Police CID headquarters regarding an alleged theft of company vehicles.
He faces accusations of unauthorised sales of company assets, including a Genesis G90 sedan valued at GH¢ 99,000, which he allegedly purchased for only GH¢ 4,943.11.
Additional allegations include the unauthorised sale of GIHOC properties in Tema worth over $700,000 and the unlawful retention of state-owned luxury vehicles.
The investigation is ongoing, with further developments anticipated in the coming days.
No Political Position
Describing his occasional arrest by the security operatives as ‘political-witch hunt,’ Kofi Jumah has pledged not to avail himself for political appointment in the future.
In an interview on Asaasepa FM, shared on Facebook on November 11, 2025, Kofi Jumah stated that he is not interested in any political appointment should the New Patriotic Party (NPP) come back to power.
According to the former GIHOC Managing Director, he has served in several political positions and, as such, is no longer interested in taking up any political role, particularly from the NPP.
“I don’t intend to become a managing director for a government company again. Henceforth, I don’t want any position from government; bear me witness to what I am saying,” he noted.
BY Prince Fiifi Yorke
