Home News Ex-Buffer Stock CEO Denies Involvement in GH¢40 Million Corruption Scandal

Ex-Buffer Stock CEO Denies Involvement in GH¢40 Million Corruption Scandal

Abdul-Wahab Hanan Aludiba

Former Chief Executive Officer of the National Food and Buffer Stock Company (NAFCO), Abdul-Wahab Hanan Aludiba, has denied any involvement in the alleged GH¢40 million corruption scandal linked to the company. His response follows revelations made by the Attorney General and Minister of Justice, Dr. Dominic Ayine, at the Government Accountability Series in Accra.

Dr. Ayine disclosed that over GH¢40 million was allegedly transferred through Sawtina Enterprise to several individuals and entities, including Hanan, in what investigators suspect to be a money laundering scheme connected to his time as CEO.

In a statement released on Wednesday, October 22, 2025, Hanan strongly rejected the Attorney General’s claims, describing them as false and damaging to his reputation.

“My attention has been drawn to recent statements made by the Honourable Attorney General during a press engagement, in which my name was mentioned in connection with allegations of corruption,” he said.

“I wish to state, respectfully, that these claims are untrue and do not reflect the facts of the matter.”

Hanan described the allegations as “deeply unfortunate”, insisting he has no connection to the issues currently under investigation.

He also revealed that he has engaged legal counsel to study the matter and advise on the next steps to protect his integrity.

“I look forward to the opportunity to present my side and to have my day in court, where I am confident that the truth will be made clear,” he added.