A major financial scandal has rocked Ghana, with revelations from the Attorney General’s office detailing how a former top intelligence official, his wife, and a banker allegedly conspired to embezzle over GH¢111 million in state funds as reported by Ghana Web.
Kwabena Adu Boahene, the former Director General of the National Signals Bureau (NSB), his wife Angela Adjei-Boateng, and their former bank officer Mildred Donkor have been named in court documents as central figures in the alleged scheme.
They face charges including stealing, money laundering, and causing financial loss to the state.
In one case, Adu Boahene signed a $7 million cybersecurity contract with an Israeli firm in 2020.
However, only $1.75 million reportedly reached the intended vendor, while the remaining GH¢39.5 million was funneled to the couple’s private firm, BNC Communications Bureau.
According to the Attorney General, GH¢27.1 million was moved directly from NSB’s Fidelity Bank account to a private BNC account at UMB under the guise of software payment.
Mildred Donkor, who previously managed the couple’s banking affairs at UMB, was also a director of Advantage Solutions Limited—a company allegedly used to conceal the diverted funds. Investigations revealed that the funds were used to acquire luxury properties and vehicles both locally and abroad.
In a separate case, Ghana Water Company reportedly paid over GH¢62 million to BNC Communications for services originally contracted to the NSB.
“Mr Adu Boahene provided the account details of his private company,” the AG said, indicating the misuse of public contracts.
More charges are expected in the coming weeks as investigations continue.
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