Accused of diverting funds to private accounts, purchasing properties with wife.
THE FORMER Director-General of the National Signals Bureau (NSB), Kwabena Adu-Boahene, has been arrested for allegedly diverting over $7 million meant for a national cyber defence system into private accounts he controlled with his wife.
The startling revelation was made by the Attorney-General and Minister of Justice, Dr. Dominic Ayine, during a press conference on Monday, March 24.
According to Mr. Ayine, Adu-Boahene was at the centre of a fraudulent scheme involving a $7 million cybersecurity contract awarded to Israeli firm RLC Holdings Limited.
The contract, signed on January 30, 2020, aimed to boost Ghana’s capacity to counter cyber threats. However, investigations have uncovered serious financial irregularities.
Just days after the contract was signed, Adu-Boahene allegedly transferred GH¢27.1 million from the NSB’s Fidelity Bank account into a private account at UMB belonging to BNC – a company he secretly co-owned with his wife.
“In his capacity as Director of the National Signals Bureau, Mr. Adu-Boahene on January 30, 2020, signed a contract on behalf of the Government of Ghana with RLC Holdings Limited for the purchase of a cyber defence system.
But on February 6, 2020, he transferred GH¢27.1 million to a private account under BNC, a company he founded with his spouse,” Mr. Ayine revealed.
Further investigations suggest that, Adu-Boahene and his wife used the funds to acquire multiple properties both in Ghana and abroad.
Both are currently in custody, while additional suspects are being pursued. The Attorney-General emphasized that the government remains resolute in its fight against financial misconduct, promising stronger oversight to prevent similar cases in the future.
Source: Nationaltyme.com
