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After fulfilling his GH30 million bail requirements, Maxwell Kofi Jumah, the former Managing Director of GIHOC Distilleries Company Limited, has been released by the Economic and Organised Crime Office (EOCO).
On Wednesday, April 29, 2026, Mr. Jumah was taken into custody for suspected financial offenses.
As part of the bail conditions, the former head of GIHOC has been instructed to report to EOCO every month to help with the investigation, according to Nanabanyin Ackon, the former head’s lawyer, who spoke to Citi News on Monday, May 18.
We went to court the next day when EOCO imposed those restrictions on him, and the court considered the bail request. The bail requirement of GH55 million was lowered to GH30 million. He met the bail requirements and was able to obtain sureties. He went home after being discharged from the hospital.
“He’s at home right now. One of the requirements of his bail was that he check in once a month. We’re happy to assist with any inquiries. We will give them whatever information they want,” he stated.
Following his arrest, Mr. Jumah was said to have been taken immediately to the Intensive Care Unit (ICU) of the Korle Bu Teaching Hospital.
As part of EOCO’s ongoing investigation into suspected infractions of public financial management rules during his time at GIHOC Distilleries Company Limited, his home in Kumasi was raided, resulting in his arrest.
The precise accusations have not been made public by the authorities, and the EOCO has not yet released any more information about the matter.
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