Ghanaian oil tycoon Kevin Okyere confirms Dubai detention and $50 million loan in court
Billionaires Africa | 09.06.2026 11:57
Kevin Okyere, founder of Springfield Exploration and Production Limited, confirmed under cross-examination in Ghana's High Court that he was detained in Dubai and that a Springfield-linked entity drew down $50 million from a $100 million loan facility extended by Swiss oil trading company Petraco Oil Company SA, while maintaining throughout that the underlying dispute is a commercial matter and not fraud.
