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General News of Wednesday, 26 March 2025

    

Source: www.ghanawebbers.com

Cyber Defence Systems Case: Adu Boahen Is A High Flight Risk …AG Ayine Directs EOCO To Release And Re-Arrest Him

**Dr. Dominic Akuritinga Ayine**
**Mr. Kwabena Adu-Boahene**

Ghana’s Attorney-General, Dr. Dominic Akuritinga Ayine, has issued a directive. He ordered the Economic and Organised Crime Office (EOCO) to release Kwabena Adu-Boahene. However, he must be immediately re-arrested due to flight risk concerns.

Dr. Ayine spoke to the media in Accra yesterday. He stated that the government will oppose any bail requests for Adu-Boahene.

Adu-Boahene was arrested on March 20, 2025, at Kotoka International Airport. He had just returned from London. His wife, Angela Adjei-Boateng, was arrested the next day.

The couple is under investigation for financial misappropriation. This involves procurement of cyber intelligence equipment for the National Security Council.

**Bail Granted for Other Suspects**

Dr. Ayine revealed that Angela Adjei-Boateng and other co-suspects received bail set at GH¢260 million. Their release is pending verification of property title deeds submitted as surety.

Given Adu-Boahene’s connections and past attempts to evade arrest, Dr. Ayine stressed urgency in presenting him in court within 48 hours.

**Alleged Financial Misconduct and Asset Seizures**

The Attorney-General alleged that Adu-Boahene and his wife committed fraud totaling GH¢49 million. A large portion of these funds was meant for cyber defense systems but allegedly went to their private company, BNC Communication Bureau Limited.

On January 30, 2020, Adu-Boahene signed a contract with ISC Holdings Ltd., an Israeli firm. This contract was for “Cyber Defence System Software” costing $7 million.

Bank records show that on February 6, 2020, he transferred GH¢27.1 million from National BNC’s account to his private company’s account at UMB Bank as payment for the system.

Shortly after this transfer, his private company sent GH¢9.54 million to ISC Holdings Ltd., using the contract as justification.

Further transfers included GH¢1 million and GH¢21 million made on March 18 and March 30 respectively from National BNC's directors’ account to his private company’s account.

The Attorney-General claimed that Adu-Boahene withdrew 99 percent of these funds personally from his company's account between February and September 2020.

Withdrawals included amounts like GH¢16 million and GH¢7.25 million among others.

EOCO's investigation uncovered extensive real estate acquisitions by the couple in Accra and Oyarifa. They are also tracing assets purchased abroad linked to them.

Authorities have flagged Universal Merchant Bank, Fidelity Bank, and Stanbic Bank for possible complicity in suspicious transactions.

Dr. Ayine assured the public that formal charges against Adu-Boahene would be filed soon. He emphasized that the government is committed to holding accountable those who misuse public funds.

He warned directors of companies linked to suspects and banks to freeze transactions or face prosecution.

Additionally, he mentioned openness to plea bargaining if the suspect admits guilt and repays stolen funds.

Meanwhile, EOCO continues efforts to track additional assets related to the suspects.