The Office of the Attorney General has broken its silence on the reasons behind the Liberal Party of Ghana (LPG’s) Percival Kofi Akpaloo’s arrest, three days after his apprehension.

In a post on Facebook detailing the causes of his arrest, the Deputy Attorney General, Justice Srem-Sai, confirmed that Percival Kofi Akpaloo, leader and 2024 presidential candidate of the LPG, is under active investigation for alleged financial misappropriation and other related misconduct.

According to the A-G’s post, “Suspect PERCIVAL KOFI AKPALOO is under investigation on allegations of various financial crimes, including fraud, causing financial loss to the State, dissipation of public funds, and money laundering”.

He continued that, while a GH¢ 10million police bail has been approved for Akapaloo, he remains in custody as he has yet to meet the conditions. Akpaloo was arrested by the Economic and Organised Crime Office (EOCO) on Wednesday, September 3, in Kumasi.

“EOCO officials arrested him on Wednesday, September 3,2025. He has, however, been granted police bail with the following conditions - GHC 10 million bond with 2 sureties to be justified. The suspect remains in the custody of EOCO pending the fulfilment of the bail conditions”, the A-G highlighted.

Mr Akpaloo vied for presidency in the 2024 general elections. Prior to the election, Akpaloo expressed strong confidence in his chances for a decisive win, predicting victory over major contenders. However, he obtained 5,219 being 0.09%.

The new development has got many questioning the circumstances surrounding Kofi Akpaloo’s arrest. Recently, EOCO has been investigating high-profile political figures and business leaders.

The Economic and Organised Crime Office was established by the Economic and Organised Crime Office Act , 2010 (Act 804) as a specialized agency to monitor and investigate economic and organised crime and on the authority of the Attorney-General prosecute these offenses to recover the proceeds of crime and provide for related matters.

The EOCO has similar mandates to the Office of the Special Prosecutor (OSP). Recently, the OSP released a fifty-page report covering investigations and prosecutions carried out between January 1 and July 31 this year.

The OSP's Seventh Half-yearly Report is pursuant to Section 3(3) of the Office of the Special Prosecutor Act, 2017 (Act 959). The document also outlines key developments in the Office's operations.

According to the OSP, despite resistance from powerful interests, it stayed focused on executing its mandate during this period. As such, the Office successfully progressed significant corruption-related investigations to the stage of court proceedings, while also initiating new inquiries into suspected acts of corruption.

"Then again, the Office, as one of three implementing partners of the new National Ethics and Anti-Corruption Strategy and Implementing Plan, is fashioning and moulding anti-corruption structures that would stand the test of time. The task ahead remains formidable. Much more so is our resolve to perform.

"This reporting period was characterised by intensification of the Office's prosecutorial mandate. We advanced high-profile investigations to court and initiated bold inquiries into suspected corruption, often in the face of deep-seated resistance from entrenched interests.

"Notwithstanding these expected challenges, the Office remains resolute and guided by the rule of law, fairness, firmness, evidence-based action, and the interest of the public. We recognise that the fight against corruption cannot be waged and won only through punitive action and incarceration," parts of the report read.

The legislative framework of the Office of the Special Prosecutor mandates the Authority to crack down on corruption, recover assets, and confiscate illicit property.

"Indeed, the legislative set-up of the Office leans heavily on corruption-prevention and asset recovery and disgorgement of tainted property. Consequently, we proceed on sustainable anti-corruption outcomes by pairing enforcement with robust prevention and asset recovery, especially founded on our unique plea bargaining regime.

In this spirit, the Office scaled up its preventive mandate through active engagement with public institutions, private sector actors, civil society- and secured convictions and asset recovery through impactful plea bargaining. We also reckon that the nation's anti-corruption legal framework requires re-imagination, modernisation and retooling to address the immense scale and complexity of modern corruption in the context of our social, economic and political constructs.

"On this score, the Office has proposed the inclusion of a new chapter in the Constitution dedicated to the fight against corruption through definitive constitutional expression by the institution of proposed concrete measures to effectively and comprehensively suppress and repress corruption in public life as well as in the private sector chief among which include lifestyle audit non-conviction-based asset recovery, enhanced asset declaration and verification regime, and reverse onus presumption of corruption as the foundation of both anti-corruption criminal proceedings and civil asset recovery proceedings," parts of the report added.

The Office is also leading the charge in respect of the passage of a comprehensive Corrupt Practices Act and Conduct of Public Officers Act.

Currently, sixty-seven(67) cases are being handled by the Office, all of which are undergoing comprehensive review.

The corruption cases being investigated by OSP include: Minerals Income Investment Fund, Ghana Airports Company Limited, Ghana Education Service, National Commission on Culture, Ghana Revenue Authority/Tata Consulting Services, National Service Authority, Ministry of Health/Service Ghana Auto Group Limited, National Cathedral.

The others are: Tema oil refinery and Tema Energy and Processing Limited and the Electricity Company of Ghana Limited, State lands, Stool lands, and other Vested lands, Illegal Mining, National Sports Authority, Customs Division of Ghana Revenue Authority, Bank of Ghana and Estate of Kwadwo Owusu-Afriyie, alias Sir John.

It further hinted that "There were seven (7) convictions and one (1) acquittal in respect of the cases pending before the criminal courts during the period under review. The Office has filed an appeal in respect of the case in which the accused was acquitted.

Additionally, one hundred and fifty-two (152) cases are at the preliminary investigation stage, with the OSP assuring that details will be made public once they progress to the next stage.

The Office is also seized with one hundred and fifty-two (152) other cases at the preliminary investigation stage. These may be publicised if the Special Prosecutor determines that they are within the mandate of the Office and that they should be moved past the preliminary investigation stage.

This is a policy intended to protect the privacy of individuals and the business operations of institutions and companies, and to avoid unnecessary stigmatization.