Wednesday, 26 March

Kwabena Adu Boahene accused of embezzling $2m state funds

Crime
Kwabena Adu Boahene

 Kwabena Adu Boahene, the former Director-General of the National Signals Bureau (NSB), has been accused of embezzling state funds and laundering the money through real estate investments in Accra and abroad.

The allegations were made public by the Attorney-General and Minister of Justice, Dr. Dominic Ayine, during a news conference on Monday, March 24, 2025.

According to Dr. Ayine, Mr. Adu Boahene invested $2,217,815 million in properties, raising concerns about the source of the funds.

His arrest is linked to a $7 million cyber defense system contract, which was intended to enhance Ghana’s cybersecurity capabilities by detecting, preventing, and responding to cyber threats.

The contract, signed on January 30, 2020, between the Ghanaian government, the National Security Ministry, and Israeli firm RLC Holdings Limited, was allegedly manipulated for personal gain.

Investigations revealed that while serving as NSB Director-General, Mr. Adu Boahene established a private business that mirrored the operations of the NSB, which he managed alongside his wife.

 

Mr. Adu Boahene was arrested on Thursday, March 20, 2025, at Kotoka International Airport upon his return from London. He remains in detention as investigations continue.

Source: Classfmonline.com/Cecil Mensah