Kojo Ansah Mensah, Managing Director and CEO of Jonah Capital, says the company is simply demanding due process in its long-running investment dispute in Nigeria and is not seeking any favours from authorities.
Speaking on The Pulse on JoyNews, he insisted that multiple Nigerian agencies have been formally petitioned over what he described as disturbing actions by the Corporate Affairs Commission (CAC), which he alleges altered company records without legal basis.
“We are not asking anybody for favours,” he said. “We have gone to court… we are asking that due process be respected in a situation where, as His Excellency said, the Corporate Affairs Commission boss, Magaji SAN, will sit in his boardroom with his cronies and distort and expunge company records.”
He noted that Jonah Capital has formally written to the Nigerian Minister of Trade, the Nigeria Investment Promotion Council, the Attorney General, the ICPC, and the Minister of the Federal Capital Territory to protest the conduct of the CAC leadership.
The latest comments come as the dispute involving renowned Ghanaian businessman Sir Sam Jonah escalates into a diplomatic issue. Sir Jonah recently petitioned Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, seeking urgent intervention following the alleged unlawful seizure of his investments in Nigeria.
In an 11-page “Concise Summary” dated December 13, 2025, Sir Jonah outlines claims of expropriation of his shares in Abuja’s River Park Estate and what he says is repeated sidelining of the Nigerian courts. He is calling on Ghana to formally engage Nigeria, alert ECOWAS to potential breaches of regional investment protections, and push for the immediate reversal of the CAC’s actions to safeguard millions of dollars in Ghanaian-led investments.
According to the petition, the crisis stems from Jonah Capital’s demand for accountability from a local Nigerian partner, Paul Odili of Paulo Homes Ltd, over alleged land encroachment within the estate — a conflict that has since evolved into a high-stakes confrontation with state institutions.