AG Unleashes Christmas Eve Hammer on NPP Kingpin’s Forgery Fiasco
By Prince Ahenkorah
Ghana’s anti-graft machinery is gearing up for a post-Christmas courtroom showdown, with Attorney General Dominic Ayine dropping the hammer on Wontumi Farms and its high-profile directors including the bombastic Chairman Wontumi for allegedly cooking up a GHS24.25 million fraud at the Export-Import (EXIM) Bank, using doctored docs to siphon state cash for phantom farm gear.
In a no-nonsense press briefing Monday, December 22, 2025, Ayine laid out the EOCO probe’s damning findings: charges of defrauding by false pretences, forgery, and bleeding the public purse dry.
The tab? GHS24,255,735 so far principal plus interest on a suspicious GHS4 million loan but insiders say it’ll balloon further as compound interest ticks on. “EOCO’s dug deep; the evidence is ironclad,” Ayine declared, pinning the blame on a forged receipt that duped the bank into coughing up funds for heavy-duty bulldozers and excavators that never materialized.
The plot thickens with the paperwork sleight-of-hand: Wontumi Farms, tied to the ruling party’s Ashanti firebrand, allegedly twisted a mere proforma invoice from Casama Enterprise into a fake payment receipt swapping “invoice” for “receipt” to make it look like the full GHS4 million had been shelled out.
Casama later spilled: no cash changed hands, just a quote for equipment that stayed on paper while Wontumi’s promises to seal the deal evaporated. Despite repeated nudges from the bank, the “purchase” was all smoke no machines, no repayment, just a deepening hole in EXIM’s books.
Ayine’s timeline is tight: prosecutions kick off after the yuletide lull, once EXIM crunches the final tally.
“This isn’t politics it’s accountability,” he stressed, framing the case as Mahama’s administration drawing a red line against the graft that gnawed at the old regime’s foundations. Sources close to the AG’s office whisper this could be the opening salvo in a broader cleanup of state lender abuses, where political muscle often greased the wheels for dodgy deals.
For Chairman Wontumi whose media empire and party clout make him untouchable in some circles this sting risks tarnishing a kingmaker’s crown, especially as Ghana’s economy reels from debt and deficit woes. EOCO’s raid on the files signals no sacred cows, but skeptics eye the holiday delay as a potential soft landing. If the courts bite, it could claw back millions and send a chill through Accra’s loan sharks.