Abdul-Wahab Hanan Aludiba, who led the National Food and Buffer Stock Company, was stopped at the airport. He was reportedly attempting to fly to the United Kingdom.
The arrest occurred on Saturday night, according to a court filing. Aludiba is accused of trying to use deceitful methods to get money from his frozen Republic Bank account.
This action has resulted in a fresh legal battle. Details about the specific court travel order and the legal challenges are emerging.
The Ghana Police Service has not released a full statement on the ongoing investigation.
Aludiba's previous role as CEO of NAFCO is relevant to the current charges.