News desk report
Mr. Kofi Akpaloo, a founder and leader of Liberal Party of Ghana (LPG), has challenged the authority of Economic and Organised Crime Office (EOCO) to investigate and prosecute him over a fraud case insisting ” the case is purely a private matter.”
Akua Pomaa, CEO of Pomaa Universal Company Limited, petitioned the Police Criminal Investigation Department (CID) on March 27, 2025, of an alleged fraud against her by Mr. Akpaloo.
“I humbly petition your esteemed office against First Bank Ghana Limited, Percival Kofi Akpaloo and Delvin Akpaloo for defrauding Pomaa Universal Ghana Limited of which I am the CEO, to the tune of Three Million, One Hundred and Sixty-Nine Thousand, Four Hundred and Thirty-Two Ghana Cedis, Twenty-two Pesewas GH₵3,169,432.22.” The lady said in her petition to the CID.
She also alleged that “In December 2022, Ghana Cocoa Board awarded Five Construction Contracts to Pomaa Universal Ghana Ltd. Eight cheques drawn on EcoBank Ghana Limited, Zenith Bank, Prudential Bank, CalBank, and Ghana Commercial Bank, which in total amounted to GH₵3,169,432.22 were fraudulently withdrawn by the said persons.”
For this, Madam Akua Pomaa asked the Police to investigate the issue and take action against Mr. Akpaloo. The police subsequently invited Mr. Akpaloo to deliver a statement on April 9, 2025.
However, days after that armed men wearing “Balaclava” entered Mr Akpaloo’s house and forcibly arrested him over the same charges. He was sent to EOCO’s office in Accra.
” That on 3 september, 2025 , l was at my house at Sokoban , kumasi, when several armed men forcibly entered my house and arrested me. They told me to follow them and they bangled me into a pick up vehicle and drove me to Accra,” he said.
This , Counsel for Mr. Akpaloo insists on a suit in kumasi high court that the case is a private one and that EOCO is engaging in an illegality.
” They have exceeded their jurisdiction in terms of cases to investigate and prosecute,” the filed suit stated.
Mr. Akpaloo is praying to the Kumasi High Court to establish that the EOCO Act 804 does not allow the outfit to investigate or prosecute cases involving an alleged stealing of a private persons’ properties .
He further argues that it constitutes an institutional overreach as EOCO had no business freezing his assets, including his accounts and taking his passport.
Portions of reliefs in the court review application read ” declaration that the decision of respondent ( EOCO) to investigate the applicants for stealing of a private person’s property is unlawful and is in violation of the Economic and Organised Crime Act 2010( Act 804)”.
The review application is scheduled to be heard on 19 May 2026.
