Richard Jakpa raids home of ex-BoG Governor, Dr Addison, with 20 armed men

Armed security personnel, reportedly led by Richard Jakpa, Director of Special Operations at the National Security Secretariat, have stormed the private residence of former Bank of Ghana Governor, Dr. Ernest Addison.

The raid, which took place on the morning of Wednesday, March 19, 2025, at his Roman Ridge home in Accra, involved about twenty heavily armed men, some wearing balaclavas and carrying AK-47 rifles.

Dr. Addison, who was at home during the operation, witnessed the security team disabling his CCTV system before proceeding with their search.

According to Assase Radio's sources, the security operatives demanded that Dr. Addison lead them to alleged “vaults” in his house. However, the former Governor, visibly shocked, reportedly denied having any such hidden storage of cash. Despite his response, the security team went ahead to search the premises, allegedly ransacking rooms in an aggressive manner.

Witnesses say the search yielded no vaults or significant sums of money. Frustrated, the operatives eventually seized the CCTV monitor and control unit before leaving the property.

The incident has left Dr. Addison and his family deeply shaken, with close associates describing their experience as traumatic. A retired senior official of the central bank, reacting to the development, expressed dismay, stating that such an action against a former Governor of the Bank of Ghana was unprecedented in the country’s history.

The raid has raised concerns about the handling of former appointees under the previous Akufo-Addo administration, with many questioning the motives behind these operations.

This marks at least the second instance in which Mr. Jakpa has led an armed raid on a high-profile figure linked to the former government. In February 2025, a similar operation targeted former Finance Minister Ken Ofori-Atta, whose Labone residence was stormed by over fifteen armed men.

That raid was captured on CCTV, and the footage was later made public, further fueling debates over the treatment of former government officials under President John Mahama’s administration.