Former Managing Director of GIHOC Distilleries Company Limited, Maxwell Kofi Jumah, has been arrested by the Economic and Organised Crime Office (EOCO), in connection with an ongoing investigation into suspected financial irregularities.
Sources within EOCO indicate that Kofi Jumah was picked up on Tuesday, April 28, 2026 and is currently in the custody of the agency.
The arrest follows a recent operation at his private residence in Kumasi, which investigators believe is linked to a broader probe into alleged breaches of public financial management protocols, during his tenure at GIHOC Distilleries.
Individuals familiar with the matter say the investigation is focused on how certain official resources were administered under his leadership.
Authorities are reportedly examining issues relating to procurement processes, contract awards, asset management and the overall financial performance of the state-owned enterprise during his time in office.
The development comes weeks after EOCO officials allegedly raided Kofi Jumah’s residence on April 14 at Atonsu in the Ashanti Region. The operation has since generated controversy, particularly over claims about how it was conducted.
According to Paul Yandoh, the Ashanti Regional Communications Director of the New Patriotic Party (NPP), EOCO operatives carried out the raid in Jumah’s absence.
“They arrived when Kofi Jumah was not at home, broke into his room and took away some of his belongings,” Yandoh alleged.
The Chronicle could not, however, independently confirm whether it was EOCO officials that went to the former Managing Director of GIHOC Distilleries house in Kumasi or not.
EOCO has, however, yet to officially comment on the specifics of the operation or confirm what items, if any, were retrieved during the search. The lack of immediate clarification from the agency has fuelled public and political interest in the case.
Maxwell Kofi Jumah, a former appointee under the NPP administration, served as Managing Director of GIHOC Distilleries for several years. During his tenure, the company, one of Ghana’s key state-owned enterprises underwent a number of operational and commercial changes aimed at improving its performance in the competitive beverage market.
In recent times, however, his stewardship of the company has come under increasing scrutiny. Reports have pointed to concerns over procurement decisions, contract allocations and the management of company assets, although no formal charges have been publicly announced against him.
The investigation forms part of a broader effort by state institutions to probe alleged financial mismanagement and enforce accountability across state-owned enterprises.
Authorities have in recent months intensified actions aimed at strengthening transparency and ensuring compliance with public financial management laws.
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The post Kofi Jumah Arrested Again! appeared first on The Ghanaian Chronicle.
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