Former GIHOC MD arrested by National Security over alleged financial misconduct

Former Managing Director of GIHOC Distilleries, Maxwell Kofi Jumah, has been arrested by National Security operatives at his residence in Kumasi in connection with an ongoing investigation into alleged financial impropriety.
The arrest, which occurred on Sunday, June 29, 2025, followed a visit by national security personnel who requested to speak with the former MD.
He was subsequently escorted in a pick-up vehicle to the Ashanti Regional Police Command, where he is currently being held for questioning.
This latest development comes weeks after a separate operation on May 15, during which security operatives attempted to retrieve state-owned vehicles reportedly in his possession.
Mr Jumah was not at home during that earlier visit.
According to sources familiar with the matter, Mr. Jumah is being investigated for alleged financial misconduct during his tenure at GIHOC Distilleries.
The probe reportedly centres on unauthorised sale of company assets and questionable vehicle acquisitions believed to have occurred under his leadership.
Authorities have not yet released an official statement, but further details are expected in the coming days as investigations continue
Source: Classfmonline.com/Cecil Mensah
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