Hospitalised ex-GIHOC boss yet to meet GH¢55m EOCO bail

Former Chief Executive Officer of GIHOC Distilleries Company Limited, Maxwell Kofi Jumah, has been admitted to the Intensive Care Unit at the Korle Bu Teaching Hospital after being transferred from the custody of the Economic and Organised Crime Office due to serious health complications.

His hospitalisation follows his recent arrest during a raid on his residence in Kumasi as part of ongoing investigations into alleged breaches of public financial management regulations during his tenure at GIHOC.

Although he was granted police enquiry bail on April 29 with a GH¢55 million bail condition, he has been unable to meet the requirements for his release.

The development has sparked concern among some sympathisers of the New Patriotic Party, who have raised questions about his health and urged security agencies to avoid what they describe as a witch hunt against former public office holders.

Mr Jumah was arrested on Tuesday, April 28, at his Kumasi residence. Earlier, on June 29, 2025, National Security operatives had also searched his home and arrested him in connection with allegations of financial misconduct during his time at GIHOC Distilleries.

The Criminal Investigations Department of the Ghana Police Service retrieved three vehicles believed to be linked to the case, as investigations continue into the management of company resources under his leadership.

He is among several former appointees of the New Patriotic Party currently under scrutiny by the National Democratic Congress as part of efforts to ensure accountability.

His arrest is linked to complaints lodged by company workers at the Police CID headquarters over the alleged theft of company vehicles.

Mr Jumah faces accusations of the unauthorised sale of company assets, including a Genesis G90 saloon car valued at GH¢99,000, which he is alleged to have acquired for GH¢4,943.11.

He is also accused of selling GIHOC properties in Tema valued at over $700,000 without approval, as well as unlawfully retaining state-owned luxury vehicles.