Attorney General and Minister for Justice, Dr. Dominic Ayine, has stated that the leader of the Liberal Party, Percival Kofi Akpalu, is to be charged with alleged offences of theft, forgery, and money laundering.
During his address at the Government Accountability Series on Monday, December 22, 2025, he revealed that Mr. Akpalu misdirected funds from a Cocobod contract awarded to one Madam Akua Pomaa, the legitimate owner of Pomaa Universal Ghana Limited.
According to him, the accused person incorporated a company with a name nearly identical to the original, adding an “H” to the company name Pomaa Universal Ghana Limited.
“Our investigations revealed that Kofi Akpalu secretly established another company, separate and distinct from Pomaa Universal Ghana Limited, but deliberately added an ‘H’ to the name,” he said.
He stated that between December 2022 and June 2024, Kofi Akpalu collected eight cheques issued by Cocobod in the name of the authentic Pomaa Universal Ghana Limited, totaling GH¢3,169,432.22, and deposited them into his own company, Pomaah Universal Ghana Limited, at First Bank Ghana Limited.
He emphasized that the investigation confirmed that Akua Pomaa, the owner of Pomaa Universal Ghana Limited, was unaware of the existence of Pomaah Ghana Limited, the second company, and the diversion of funds until Cocobod contacted her in June 2024 regarding outstanding balances on the contract.
The Attorney General further revealed that Madam Akua Pomaa discovered that Kofi Akpalu forged her signature on the Cocobod contract, using her formal name, Mercy Owusu, to secure the agreement without her authorization.
“She subsequently discovered that Akpalu had collected and misdirected the payments without her consent, Akua Pomaa also alleged that Akpalu forged her signature on the Cocobod contract using her formal name Mercy Owusu to secure the agreement without her authorisation,” he disclosed.
Source: Christabel Opare
