EOCO Clarifies Valuation of Wontumi’s Property in Tema

The Economic and Organized Crime Office (EOCO) has issued an update on the valuation of a Tema property belonging to Bernard Antwi Boasiako, popularly known as Chairman Wontumi, the incarcerated Ashanti Regional Chairman of the New Patriotic Party (NPP).

It says the exercise was a lawful, routine step in the asset-freezing process and not a raid. In a press release dated November 9, 2026, EOCO confirmed that its officials and officials of the Lands Commission visited the property on Monday, November 9.

EOCO said the visit followed the freezing of the property, an action it says a court confirmed in 2025. The joint team went to obtain the property’s coordinates and measurements for a professional valuation. The technical information collected will enable the Lands Commission to determine the property’s value.

The office said the exercise lasted less than 10 minutes and ended without incident. It described reports that officers ransacked the property as false and asked the public to disregard them. EOCO stressed that the visit was strictly for valuation and formed part of the processes relating to the frozen property. Reports have been out that officers raided and searched the Tema residence while children were present. Those claims have not been independently verified, and EOCO disputes them.

The valuation is part of the wider asset-confiscation process. Collecting coordinates and carrying out a valuation does not, on its own, establish wrongdoing by the property owner. It is expected to form part of the broader legal process as the case proceeds Mr. Antwi Boasiako’s legal team and the NPP had not publicly responded to EOCO’s update at the time of writing.