GH¢49m Saga: Ex-NSB Boss Reveals Funds Went To MPs, Opposition And Mahama’s Aide

Former head of the National Signals Bureau, Kwabena Adu-Boahene, has rejected allegations of financial misconduct, offering a detailed explanation of how GH¢49.1 million in question was disbursed.

In a letter addressed to the National Security Coordinator and sighted on Wednesday, May 7, Adu-Boahene clarified that the funds were used for various operational purposes, including payments to Members of Parliament, an opposition party, and the special aide to President Mahama to purchase vehicles.

According to Adu-Boahene, the funds were related to transactions between two accounts created by National Security to meet urgent operational demands.

He insisted that the Bureau of National Communications account functioned as a special operations account, while the BNC Communications Bureau account—allegedly co-owned by him and his wife—served as a special-purpose vehicle to carry out sensitive transactions.

Adu-Boahene, who is facing accusations of diverting the funds to a private entity, defended his actions in the letter, saying he was revealing the information “reluctantly” and only in an effort to clear his name.

Among the expenditures listed were:

• GH¢9,537,000 paid to ISC Holdings as part payment for specialized cyber and electronic surveillance systems.

• GH¢6,900,000 disbursed to personnel and operations supporting national stability and counter-terrorism efforts.

• GH¢960,000 and GH¢309,000 provided as allowances to MPs on the Defence and Interior Committee and the Subsidiary Legislation Committee, respectively, during the passage of the NSB Act and its associated Legislative Instrument.

• GH¢8.3 million reportedly allocated to an opposition party for procuring communications equipment to support election results collation.

• GH¢5,135,000 allegedly paid to the special aide of the President-elect for the purchase of high-end vehicles, including a Nissan Patrol Platinum, a 2024 Nissan Patrol Titanium, and a 2022 Land Cruiser GXR.

Adu-Boahene’s explanation is expected to generate significant public interest and scrutiny, especially amid growing concerns over transparency and accountability within national security operations.