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Adu Boahen, Wife face criminal charges over alleged GH¢49M theft

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Former NSB Boss rearrested after completing court-mandated remand

Former NSB Boss rearrested after completing court-mandated remand

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The state has filed multiple charges against former National Signals Bureau (NSB) Director-General Kwabena Adu Boahen, his wife Angela Adjei-Boateng, and two others, accusing them of stealing, defrauding by false pretense, money laundering, and conspiracy to commit crime.

The couple were arrested in March 2025 amid allegations of diverting state funds for private gain.

According to documents obtained, they allegedly misappropriated GH¢49,100,000, using a holding company, Advantage Solutions Limited to facilitate their transactions.

Two other accused persons, including Mildred Donkor, Adu Boahene’s former bank relationship manager have also been implicated.

The Economic and Organized Crime Office (EOCO) apprehended Adu Boahen upon his arrival at Kotoka International Airport from London, with his wife later detained when she visited EOCO offices to inquire about his arrest.

Attorney-General Dr. Dominic Ayine disclosed at a March 24 press briefing that the charges stem from financial irregularities surrounding a $7 million cyber defence system contract between the Government of Ghana and Israeli firm RLC Holdings Limited.

The contract, signed on January 30, 2020, aimed to bolster Ghana’s cybersecurity infrastructure against digital threats.

However, investigations suggest significant misappropriation of funds.

Documents reveal that just a week after the contract was signed, on February 6, 2020, Adu Boahen allegedly moved GH¢27.1 million from NSB’s Fidelity Bank account into a private UMB account belonging to BNC, a company believed to be jointly owned by him and his wife.

The transaction was reportedly masked as software procurement.

Authorities assert that the misappropriated funds were later laundered through real estate acquisitions in Ghana and abroad.

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