AG Unmasks Buffer Stock Boss’s Million-Dollar Property Empire
Front Desk Report
Ghana’s Attorney General, Dr. Dominic Akuritinga Ayine, has dropped a corruption bombshell that’s shaking the foundations of public trust. At the center of the storm: former Buffer Stock CEO Hanan Abdul Wahab and his wife Faiza Seidu, who allegedly turned taxpayer funds meant to feed schoolchildren into a sprawling luxury real estate empire.
In what investigators have dubbed the “Rumble in the Jungle,” the Economic and Organized Crime Office (EOCO) has traced millions in stolen funds to high-end properties, boutique hotels, and designer goods scattered across Ghana. The loot trail, Ayine says, reads like a billionaire’s shopping list.
CHAIN HOMES, CASH & COVER-UPS
The couple’s crown jewel? A five-bedroom mansion purchased from Chain Homes Limited for $1.625 million $575,000 of which was paid in cold, hard cash. “This is how public officials pretend to serve the people while quietly looting the state,” Ayine told reporters.
But that’s just the beginning. Using their companies Fahousa Ventures and Fahousa Company Limited the duo snapped up a $600,000 three-bedroom house in Cantonments. Though the payment came through corporate channels, the land documents were sneakily registered in Faiza’s name.
AIRPORT LANDS & CONSTRUCTION SHELLS
Between 2019 and 2021, the couple paid $750,000 in cash for prime land at the Airport Development Site. They then hired Mendeja & Sousa Construction to build a luxury shell-and-core structure valued at $2.5 million. Architectural designs were outsourced to South Africa’s Ansara Architecture Pty Ltd.
LAND FLIPS & SHADY DEALS
The AG also exposed a murky land transaction involving notorious agent Anthony Duke linked to past diplomatic land scandals. Duke bought 0.32 acres of government land for GHS 307,200 and flipped it to Abdul Wahab for a jaw-dropping GHS 2.57 million. The payment was routed through shell companies Sortina and Alcani Enterprise.
Duke’s sister, Antoinette Tibu-Darko, later instructed the Lands Commission to register the lease in Faiza’s name—another move Ayine says was designed to “obscure true ownership.”
HOTELS, BUNGALOWS & CHICKEN REPUBLIC
The couple didn’t stop at homes. They built a 17-bedroom boutique hotel in Tamale under the Villa Monticello brand, paying $250,000 just to use the name. Other assets include:
– A GHS 4.1 million bungalow in Dzorwulu
– A three-story commercial building housing Chicken Republic
– A five-bedroom mansion at Kambele, Tamale
– A three-bedroom residence at Palisi
– A house at No. 10 Selby Gardens, Achimota
– Multiple plots in Tamale, including 0.27 acres at Estate Junction
All properties have been frozen by EOCO and are headed for confiscation.
THE MATH DOESN’T ADD UP
Faiza, during interrogation, claimed she was a housewife earning GHS 5,000 monthly. Her husband’s salary as CEO ranged from GHS 14,000 in 2017 to GHS 28,000 in 2024. “Now do the math,” Ayine said. “Could they afford a $1.6 million mansion on that income? The answer is obvious.”
Investigators also froze a GHS 10 million fixed deposit at Republic Bank and seized luxury items including 61 designer handbags and watches worth up to GHS 1.5 million each.
JUSTICE IN MOTION
Ayine urged patience, saying the case launched in February 2025 is still being built. “If I rush and lose in court, the same people calling for speed will call me incompetent. I wasn’t incompetent in private practice, and I won’t be in public service.”
He concluded with a rallying cry: “This is not about vengeance. It’s about justice for the children who went hungry and the farmers who were shortchanged. We must demand accountability not for the gods, but for ourselves.”