Deputy Attorney-General & Minister for Justice of the Republic of Ghana, Justice Srem-Sai, has disclosed that Percival Kofi Akpaloo, the founder and leader of the Liberal Party of Ghana, is under investigation for financial crimes.
In a statement he shared on Facebook, the Deputy Minister announced that these crimes include fraud, causing financial loss to the State, dissipation of public funds, and money laundering.
Mr. Akpaloo was arrested a few days ago by the Economic and Organized Crime Office (EOCO).
His lawyers had informed Ghanaians that they had no idea why their client had been arrested, but the update provided by the Deputy Minister has revealed the reasons behind the arrest.
The suspect has been in the custody of EOCO since his arrest.
The statement by the Deputy Minister read
“Suspect PERCIVAL KOFI AKPALOO is under investigation on allegations of various financial crimes including fraud, causing financial loss to the State, dissipation of public funds, and money laundering.
EOCO officials arrested him on Wednesday, September 3, 2025. He has, however, been granted police bail with the following conditions – GHC 10 million bond with 2 sureties to be justified.
The suspect remains in the custody of EOCO pending the fulfilment of the bail conditions.”
By: Rainbowradioonline.com/Ghana
