Tag: asset recovery
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OSP Seizes Assets Worth Over GH₵100 Million in NPA Investigations
Major Milestone in Asset Recovery Efforts The Office of the Special Prosecutor (OSP) has announced a significant development in its ongoing investigations into procurement and financial malfeasance. According to official statements, authorities have seized and frozen properties valued at more than GH₵100 million, along with more than US$100,000 in cash and assets. This milestone underscores…
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OSP Seizes Assets Worth Over GH¢100 Million in NPA Investigations
Overview of the Developments The Office of the Special Prosecutor (OSP) has announced a significant milestone in its ongoing investigations tied to the National Petroleum Authority (NPA) and related procurement processes. In a recent update, the OSP disclosed the seizure and freezing of assets valued at more than GH¢100 million, alongside over US$100,000. This development…
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OSP Seizes Assets Worth Over GH¢100m in NPA Probes
Overview: A Major Step in Asset Recovery The Office of the Special Prosecutor (OSP) has announced a significant breakthrough in its ongoing investigations linked to illicit wealth and public asset recovery. In a statement detailing progress so far, the OSP said it has secured the seizure and freezing of assets valued at more than GH¢100…
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ICI Chairman: Justice Isn’t Enough — Restitution in Flood Control Scandal
ICIs Push for Restitution Goes Beyond Prosecution The Independent Commission for Infrastructure (ICI) is doubling down on its mandate to recover assets linked to anomalous flood control projects, signaling a shift from solely pursuing criminal charges to restoring what was misused or stolen from the Filipino people. In a high-stakes meeting at the ICI headquarters,…
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Justice and Restitution in Flood Control Scandal: ICI Pushes Asset Recovery
Overview: ICI tightens the net on flood control anomalies The Independent Commission for Infrastructure (ICI) is stepping up efforts to recover assets tied to alleged corruption in flood control projects. Chairman Andres Reyes Jr. announced that while pursuing prosecutions for those involved, the commission is also pursuing restitution — the act of restoring lost funds…