Officers from the national security apparatus invaded the residence of former GIHOC Distilleries Managing Director Maxwell Kofi Jumah at around 5:00 a.m. on Thursday, May 15, 2025, in an attempt to reclaim state cars allegedly in his possession.
Mr. Jumah, a former appointee under ex-President Nana Addo Dankwa Akufo-Addo, was not present throughout the procedure.
According to sources, Mr. Jumah is currently being investigated for potential financial irregularities during his tenure, including the questionable purchasing of state cars and misuse of firm assets.
Mr. Jumah’s acquisition of a Genesis G90 saloon automobile (registration number GE 86 22-19) was approved by the GIHOC Board of Directors in a letter dated August 1, 2019, in compliance with his Conditions of Service as Managing Director.
The vehicle, which was once worth more than $100,000, was sold to him for only 5% of its value, GHS 4,943.11, according to a document signed by Apea Twumasi-Ankrah, the company’s Secretary and Head of Administration.
The 2018 model car, with a 3,300cc engine and chassis number KMHG34JXJU039991, has a mileage of 38,971 kilometres and a seating capacity of five. A technical inspection determined that major components such as the engine, gearbox, suspension, brakes, steering and electrical systems were in “good” working order and had no history of prior repair.
The State Transport Corporation conducted an independent valuation and estimated the car’s value at GHS 98,862.00. Daniel K. Orhin did the appraisal under certification number 0014073.
Mr. Jumah is also being probed for reportedly maintaining two additional government vehicles, including an Audi worth more than $60,000, without formal Board consent.
According to reports, he later asked security staff to return the automobiles, pointing out that one was in the possession of his son. One of the automobiles has been successfully rescued and transported back to Accra.
Mr. Jumah is also accused of inflating GIHOC’s worker counts, putting the company’s finances under strain. He is also accused of selling firm properties in Tema worth more than $700,000 without necessary authorisation.
Investigations are ongoing.