Ex-NSB Boss and Wife Charged in GHC49m State Fund Scandal
Former NSB Director and Wife Accused of Misappropriating Millions Meant for Cybersecurity Project
- Ex-NSB boss Kwabena Adu Boahen and wife Angela Adjei-Boateng charged with stealing GHC49.1 million in state funds
- Charges include fraud, money laundering, and conspiracy, linked to a misappropriated cybersecurity contract
- Funds allegedly laundered through real estate acquisitions both locally and internationally
Former National Signals Bureau (NSB) Director-General, Kwabena Adu Boahen, and his wife, Angela Adjei-Boateng, are facing multiple charges, including theft, fraud, money laundering, and conspiracy to commit a crime.
The couple, alongside two others, allegedly embezzled a staggering GHC 49.1 million in state funds.
The couple was arrested in March, with Boahen detained on March 20 upon his return from London, and his wife apprehended the following day after seeking information about his case at the EOCO offices.
They are accused of diverting public funds for personal gain.
Alongside the couple, Mildred Donkor, a former bank relations officer for the accused, and Advantage Solutions Limited, a company reportedly used for illicit activities by the accused, are also charged.
The charges are connected to a $7 million cyber defence contract intended to improve Ghana’s cybersecurity.
However, preliminary investigations suggest that funds meant for the project were misappropriated, with GHS27.1 million transferred to a private account shortly after the contract was signed.
Authorities believe the funds were laundered through various real estate transactions both in Ghana and abroad.
