Former NAFCO CEO Arrested by EOCO in Ongoing Economic Crime Investigation

Former NAFCO CEO Abdul Hannan Wahab Arrested by EOCO Over Alleged Financial Infractions

The Economic and Organised Crime Office (EOCO) has arrested Abdul Hannan Wahab, the immediate past Chief Executive Officer (CEO) of the National Food Buffer Stock Company (NAFCO), over alleged financial and procurement-related offences.

According to a report by Accra-based Citi News, Mr. Wahab’s arrest was part of a coordinated operation conducted simultaneously in Accra and Tamale. The arrest follows ongoing investigations into suspected economic crimes linked to his tenure at NAFCO.

In addition to Mr. Wahab, another individual suspected to be connected to the alleged infractions was also apprehended during the operation. Both suspects are currently in EOCO custody and are said to be cooperating with investigators.

While EOCO has yet to release an official statement regarding the arrests, sources indicate that the investigation is focused on uncovering possible financial mismanagement and procurement breaches at the state-run food distribution agency.

This development comes amid growing public concern over accountability and transparency in public institutions. EOCO is expected to provide further updates as investigations progress, and the public remains keenly interested in the outcome of the case.