Adu-Boahene Scandal: List Of All Assets Captured By AG

Following his arrest at Kotoka International Airport (KIA), Kwabena Adu Boahene, the immediate former Director General of the National Signals Bureau of the National Security Council, and his spouse, Angela Adjei-Boateng, have been held up by the Attorney General’s office.

On Monday, March 24, 2025, Attorney General Dr. Dominic Akuritinga Ayine held a news conference after their arrest, revealing a list of properties that both accused had purchased since 2018. According to the AG’s office and EOCO’s investigations, these assets were purchased with public funds that had been embezzled.

Attorney General’s Press Conference

The press conference provided clarity on Adu-Boahene’s arrest, stemming from a joint operation related to an investigation into the procurement of cyber intelligence equipment during his tenure. Here are the key highlights:

• Alleged Embezzlement of GH¢39 million: According to the Attorney General, Adu-Boahene, in collaboration with his wife, allegedly embezzled up to GH¢39 million from the agency. This was related to a contract for the purchase of a cyber defense system from an Israeli company, ISC Holdings Ltd. The Attorney General stated, “The difference between GH¢49,000,000 transferred from the BNC’s bank account and GH¢9,537,520 paid to ISC Holdings ended up with Adu-Boahene and his wife.”

• Creation of a Private Company with a Similar Name: The Attorney General revealed that Adu-Boahene secretly established a private company named “BNC Communication Bureau Limited” on October 23, 2018, while still in office, and allegedly used it to channel payments into his personal accounts while serving as Director of the National Signals Bureau.

• Transfers from State Accounts to Private Companies: Further investigation revealed that Adu-Boahene and his wife had established at least 10 companies, suspected of being used to transfer illicit funds under suspicious circumstances.

• Bribery Attempt to Cover Up NSS Ghost Names Scandal: The Attorney General disclosed evidence that former executives of the National Service Scheme (NSS) tried to suppress a ghost names and payroll fraud scandal by making financial payments to an unnamed Member of Parliament (MP).

• Unauthorized Payment for the Skytrain Project: The Attorney General also mentioned an unauthorized $2,000,000 payment related to the Skytrain project, initiated by Prof. Ameyaw Ekumfi, Chairman of the Board of the Ghana Infrastructure Investment Fund (GIIF).

List of Properties Detailed:

The AG’s office provided a list of properties allegedly acquired by the couple, along with their estimated values:

1. No. 2 stream part drive, Mayfair Estates, LA, Accra (estimated at $1,000,000 or GH¢15,000,000)
2. No. 6 Edith Avenue, Mayfair Estates, LA, Accra
3. No. 7 Edith Avenue, Mayfair Estates, LA, Accra (estimated at $200,000)
4. No. 8 Edith Avenue, Mayfair Estates LA, Accra (estimated at $97,815)
5. No. 9 Edith Avenue, Mayfair Estates LA, Accra (valued at $270,000)
6. No. 10 Edith Avenue, Mayfair Estates LA, Accra (valued at $150,000), plus an initial cash deposit of $500,000 to purchase 5 houses.
7. Vertex properties at Oyarifa Gated Estate Development, consisting of 27 houses (each valued at an estimated cost of $295,000 or GH¢127,000,000 total).
8. Two properties in London The AG further reiterated that GH¢39 million was allegedly diverted and embezzled by the suspects from the agency.

“GH¢39,462,480 went into Adu-Boahene and his wife’s pockets from one transaction,” the Attorney General stated. “We are still tracking suspect Adu-Boahene, his wife, and their assets,” he continued, signaling the active nature of the investigation. “In the coming days, we will file the necessary charges against them.” Kwabena Adu-Boahene has since been arrested in connection with the alleged diversion of public funds meant for a cybersecurity defense system.

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