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Home General News

Buffer Stock scandal: Allegations by AG are false and damaging – Former CEO

Patrick Gyasi by Patrick Gyasi
October 22, 2025
in General News, Legal, Politics
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Buffer Stock scandal: Allegations by AG are false and damaging – Former CEO
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Former Chief Executive Officer of the National Food and Buffer Stock Company, Abdul-Wahab Hanan Aludiba, has denied any involvement in the alleged corruption scandal linked to the company, following revelations by the Attorney General and Minister of Justice, Dr. Dominic Ayine.

At the Government Accountability Series held in Accra, Dr. Ayine disclosed that over GH¢40 million was allegedly transferred through Sawtina Enterprise to several individuals and entities — including Hanan — as part of what investigators suspect to be a money laundering scheme connected to the former CEO’s tenure.

In a statement issued on Wednesday, October 22, 2025, Hanan dismissed the Attorney General’s claims as false and damaging to his reputation, insisting he has no involvement in any wrongdoing.

“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,” Hanan stated.

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

He further described the allegations as “deeply unfortunate”, stressing that he has no connection to the matters currently under investigation.

Hanan added that he has engaged legal counsel to review the issue 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 affirmed.

Tags: Abdul-Wahab Hanan AludibaDr. Dominic AyineNational Food and Buffer Stock Company
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