Former National Signals Bureau Director-General Kwabena Adu Boahene, the first accused in the criminal case involving the alleged theft and laundering of over GHS 49 million in state funds, did not declare his assets as required by law, state prosecutors have claimed.
The disclosure was made during a case management conference on Monday, June 9.
Adu-Boahen has been dragged to court alongside his wife, Angela Adjei-Boateng; an associate, Mildred Donkor; and Advantage Solutions, a company jointly owned by Adu-Boahen and his wife.
The four accused persons are facing multiple charges, including stealing, causing financial loss to the state, and money laundering.
The funds in question were allocated for the purchase of cybersecurity equipment.
State prosecutors presented documentary evidence they intend to rely on at trial.
Lead prosecutor, the Deputy Attorney General, Dr Justice Srem-Sai, disclosed that investigations have uncovered a complex network of companies and bank accounts through which the accused allegedly moved state funds for personal benefit.
He noted that the state requested access to his asset declaration form but was informed that none had been filed.
Below are some of the evidence discovered by the prosecutors
1. Corporate records (Index G) linking Advantage Solutions to a private company, BNC, through which money was allegedly channelled. Adu-Boahen is identified as the beneficial owner.
2. Bank statements (Index J) from two companies, which investigators say will show that the only significant source of income for the companies was the public money in question.
3. Caution statements (Indexes K, L, and M) from all three individual accused persons during the police investigation.
4. Real estate documents confirming the purchase of five luxury properties in Mayfair Estate, believed to have been acquired using state funds (Index Q), along with accompanying photographs (Index P).
5. Freezing orders (Index N) on assets the state believes are linked to the alleged crime.
The state has so far filed 85 documents with the court on June 2, 2025.
Meanwhile, a request by the prosecutors to supplement the documents with additional disclosures on the letter requesting information on Adu-Boahen’s asset declaration has been granted.
The court granted this request and allowed defence counsel extra time to file any processes requesting further disclosures if needed.
By: Rainbowradioonline.com/Ghana
