Leader of the Liberal Party of Ghana (LPG), Percival Kofi Akpaloo, is being investigated by the Economic and Organised Crime Office (EOCO) over allegations of financial crimes, including fraud, causing financial loss to the state, dissipation of public funds, and money laundering.
The development was disclosed by Deputy Attorney General (DAG), Dr. Justice Srem-Sai, in a Facebook post on Friday.
According to Srem-Sai, the suspect was taken into custody by EOCO officials on Wednesday, September 3, 2025.
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Mr. Akpaloo has since been granted police bail, with conditions including a GH¢10 million bond and two sureties, both of whom must be justified. Despite the bail offer, he remains in EOCO custody as the bail conditions are yet to be met.
“Suspect PERCIVAL KOFI AKPALOO is under investigation on allegations of various financial crimes, including fraud, causing financial loss to the State, dissipation of public funds, and money laundering,” he revealed.