Dr Palgrave Boakye Danquah, the spokesperson for former New Patriotic Party (NPP) Ashanti Regional Chairman, Bernard Antwi Boasiako, popularly known as Chairman Wontumi, has warned prospective buyers of the politician’s frozen properties that they risk losing their money when the NPP returns to power.
He insisted that anyone who purchases the properties could suffer significant financial losses, claiming that a future NPP government would take them back.
“Nobody can buy Wontumi’s property because when the NPP returns to power, we will take it back, and whoever buys it will run at a loss,” he warned.
Speaking on Adom FM’s Dwaso Nsem on November 11, 2026, Dr Danquah maintained that the properties remained subject to an ongoing court case and questioned why the Economic and Organised Crime Office (EOCO) was conducting valuation exercises ahead of a final determination of the matter.
He suggested that the valuation exercise could be an indication that authorities were preparing to sell the properties, despite the case still pending before the courts.
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“They froze Wontumi’s properties last year, and nobody complained. But now that they are talking about valuation, it suggests they may be preparing to sell the properties. Nobody can sell Wontumi’s properties in this country,” he said.
Dr Danquah further questioned the legal basis for the valuation exercise, arguing that the government and EOCO should allow the judicial process to run its course rather than take steps that could be perceived as anticipating the court's decision.
“If the government says the properties have been frozen, and the case is still in court with no final ruling, how then are they conducting the valuation? Are they pre-empting the court’s decision, which is expected in February 2027?” he queried.
His comments follow a recent visit by EOCO officials to Chairman Wontumi’s residence in Tema, accompanied by officials of the Lands Commission, to obtain the property's geographical coordinates and measurements for valuation purposes.
EOCO has explained that the exercise forms part of its processes concerning the frozen property and has maintained that the visit was for valuation purposes.
MRA/BAI
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