• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Gifty Oware-Mensah Accused of Orchestrating GHS 30m Financial Scam at National Service Authority

2 months ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
25
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Gifty Oware-Mensah Accused of Orchestrating GHS 30m Financial Scam at National Service Authority

Attorney General and Minister for Justice, Dr. Dominic Ayine, has revealed that former Deputy Executive Director of the National Service Authority (NSA), Gifty Oware-Mensah, masterminded a complex fraudulent scheme that led to the misappropriation of over GH¢30 million in public funds.

Addressing a press conference in Accra on Friday, June 13, Dr. Ayine indicated that the revelation forms part of ongoing investigations by the government’s anti-corruption taskforce, Operation Recover All Loot (ORAL), into widespread financial malfeasance at the NSA.

According to Dr. Ayine, the scheme centred on the manipulation of the National Service Personnel (NSP) allowance system. Oware-Mensah is alleged to have used the allowances as collateral to secure a GH¢30.7 million loan from the Agricultural Development Bank (ADB) at a 23% interest rate.

“Some directors, such as Gifty Oware-Mensah, created and executed a meticulously detailed plan, using NSP allowances as security to obtain a loan of thirty million six hundred and ninety-eight thousand, two hundred and eighteen cedis, sixty-nine pesewas (GH¢30,698,218.69) from the Agricultural Development Bank (ADB) at an interest rate of twenty-three percent,” Dr. Ayine stated.

The Attorney General further disclosed that Oware-Mensah registered a company, “Blocks of Life Consult,” with falsified identities—using names of individuals without their knowledge—and submitted the entity to ADB through a middleman, Maxwell Akwesi Ofori-Mintah.

Her husband, Peter Mensah, a legal practitioner, was reportedly involved in the process, acting as one of the company’s representatives. The company was presented to ADB as a vendor supplying home appliances to National Service personnel on a hire-purchase basis, with repayment supposedly to be managed through NSA payroll deductions.

RelatedPosts

Bitcoin Dips as U.S Inflation Jitters and Tech Stock Sell-Off Intensify

Rice Imports Projected to Exceed One Million Metric Tons in 2025/26

Drought can Make Farmers Feel Worried and Hopeless: Ghana Study Finds Social Networks Help

However, Dr. Ayine clarified that Blocks of Life Consult was neither a registered vendor with the Authority nor officially approved to conduct such transactions.

The Attorney General also disclosed that between the 2022/2023 and 2023/2024 service years, Oware-Mensah deployed 9,934 ghost names to siphon funds from the NSA system.

Following the disbursement of the loan from ADB, the funds were channelled into four separate company accounts.

These included:

• GH¢22,925,518.69 to AMAECOM, a company in which Oware-Mensah is listed as a director,

• GH¢1,000,000.00 to Scafold, linked to an associate, Abraham Gaisie,

• GH¢1,572,700.00 to OTCHEY, and

• GH¢5,200,000.00 to Aristo Logistics and Trading.

Dr. Ayine described the scheme as “a deliberate and sophisticated attempt to loot state resources,” adding that further legal action is expected as the investigations progress.

The latest revelations add to mounting concerns over accountability and financial governance at the NSA, which has come under intense scrutiny following recent audits and internal reviews.

Tags: Attorney GeneralGifty Oware MensahGifty Oware-Mensah Accused of Orchestrating GHS 30m Financial Scam at National Service AuthorityNSA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

World Bank, SECO and Trust Valley Launch GovTech Innovation Challenge to Support Tax Administration by GRA

Market Power and Consumer Protection: Governing Digital Ecosystems in a Net Positive World

What if Each Man Prayed to His God, and Left God Out of National Politics?

President Mahama Pitches Ghana as West Africa’s Investment Hub, Touts Country’s Economic Recovery to Investors at TICAD-9

Commercial Banks on Course for Capital Compliance by End-2025

President Mahama Woos Japanese Investors, Announces Removal of Minimum Capital Requirement in GIPC Act

Trending

Business

Bitcoin Dips as U.S Inflation Jitters and Tech Stock Sell-Off Intensify

August 20, 2025

Bitcoin Dips as U.S Inflation Jitters and Tech Stock Sell-Off Intensify Bitcoin dropped below $113K during the...

Rice Imports Projected to Exceed One Million Metric Tons in 2025/26

August 20, 2025

Drought can Make Farmers Feel Worried and Hopeless: Ghana Study Finds Social Networks Help

August 20, 2025

World Bank, SECO and Trust Valley Launch GovTech Innovation Challenge to Support Tax Administration by GRA

August 20, 2025

Market Power and Consumer Protection: Governing Digital Ecosystems in a Net Positive World

August 20, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.