Akomea Refutes Claims of STC Land Sales, Points to 2010 NDC Transactions

Former Managing Director of the State Transport Company (STC), Nana Akomea, has strongly denied allegations that he sold lands belonging to the company during his tenure, describing the claims as politically motivated and without basis.

Speaking on Point Blank on Eyewitness News on Monday, December 8, 2025, Mr. Akomea said the accusations were false and misleading, insisting that no STC property was disposed of while he served as MD.

“I haven’t sold even a single foot of STC land. So I don’t understand why somebody would make such claims,” he said.

Mr. Akomea argued that it was rather the National Democratic Congress (NDC) administration that sold portions of STC land when the company was facing major financial challenges over a decade ago.

He alleged that around 2010, the then government authorised the sale of about four acres of STC land in Takoradi to retail chain Melcom as part of efforts to raise funds.

“The people who actually sold STC land were the NDC when they were in government. They sold about four acres of the STC land in Takoradi around 2010 to a company called Melcom,” he claimed.

Mr. Akomea added that the NDC government also sold the STC Managing Director’s official bungalow at Ridge, forcing him to find accommodation elsewhere during his time in office.

“They sold the MD’s bungalow at Ridge, so when I was serving as MD, I had to look for my own place to stay. They also sold four acres at the headquarters to a company called BCL,” he said.

The former MD maintains that all allegations linking him to land sales at STC are unfounded and aimed at scoring political points.