The embattled former Director-General of Ghana’s National Signals Bureau (NSB), Kwabena Adu-Boahene, and his wife, Angela Adjei-Boateng, are facing mounting legal troubles.
The Economic and Organised Crime Office (EOCO), has identified yet another opulent real estate development allegedly linked to the couple.
The latest property to be discovered is a 37-unit luxury apartment complex, The Dorchester, situated in Asokore Mampong in the Ashanti Region. EOCO, has since secured a freezing order on the property.
Sources suggest that, EOCO’s investigations are widening, with both domestic and foreign assets continuing to emerge.
Prior discoveries, include a 27-unit, four-bedroom residential development in Oyarifa and seven luxury homes at the exclusive Mayfair Estates.
In addition to the real estate portfolio, EOCO, has frozen the couple’s fleet of high-end vehicles. The collection, includes a Lamborghini, multiple Cadillac Escalades, Range Rovers, Land Cruisers, a Maserati, and other premium cars.
EOCO, is reportedly targeting the seizure of as many as 60 luxury vehicles, many of which were operated by Dream Enterprise Collections Ltd., a car rental business registered at the Kempinski Hotel in Accra.
The Attorney-General and Minister for Justice, Dr Dominic Ayine, has since filed 11 criminal charges against Mr Adu-Boahene.
The charges stem from the alleged misappropriation of GH¢49 million (approximately $7 million) from the NSB’s accounts into his personal account and those of his associates.
The High Court suit, includes three other accused: his wife, Angela Adjei-Boateng, their company, Advantage Solutions Limited, and a banker, Mildred Donkor.
The charges involve stealing, conspiracy to steal, defrauding by false pretences, wilfully causing financial loss to the state, using public office for profit and money laundering.
Dr Ayine alleged that on January 30, 2020, in his official capacity, Mr Adu-Boahene, signed a $7 million contract with Israeli firm RLC Holdings Limited for the supply of cyber defence software.
However, less than a week later, he allegedly transferred GH¢27.1 million from the NSB’s Fidelity Bank account to a private UMB bank account belonging to a company under his control. Investigators claim the funds were then diverted for personal gain, with no trace of the promised cybersecurity system.
Subsequent investigations, revealed that large sums were funnelled into Mr Adu-Boahene’s and his wife’s accounts, allegedly for real estate, investments, luxury goods, and other personal expenditures.
Dr Ayine, has further disclosed a new dimension to the Ghana Water Company Limited (GWCL) case.
According to him, GWCL, was defrauded into making monthly payments of at least GH¢1.3 million to Mr Adu-Boahene’s company, BNC Communications Ltd., under the pretext of a contract for secure internet services.
He explained that the NSB, as a state entity, was purportedly offering internet services to another state-owned institution, but the payments were instead diverted to a private company owned by Mr Adu-Boahene and his wife. In total, GWCL, is believed to have lost over GH¢62 million to this alleged scheme.
“This criminal enterprise involved the fake provision of secure internet services to Ghana Water Company by the Bureau of National Communications, yet the payments were funnelled into a private company, also conveniently named BNC Communications Ltd.,” Dr Ayine told journalists.
He described the arrangement as a blatant misuse of public funds, highlighting that government agencies, should not pay each other for basic services, let alone at inflated rates. At their most recent court appearance, Mr Adu-Boahene, his wife Angela Adjei-Boateng, and co-accused Mildred Donkor, pleaded not guilty to all 11 charges.
These include three counts of stealing, conspiracy to steal, defrauding by false pretences, wilfully causing financial loss to the state, using public office for profit, aiding corruption, obtaining property by false pretences and money laundering.
Prosecutors allege that the accused operated an elaborate scheme through Advantage Solutions Limited, a holding company used to conceal and launder funds. These funds were reportedly invested in real estate, car rentals, fertiliser manufacturing, and treasury bills.
Mr Adu-Boahene, was arrested on March 20, 2025 at Kotoka International Airport upon returning from abroad and was later granted bail.
Meanwhile, Mr Adu-Boahene and his wife, have filed a defamation suit against Attorney-General, accusing him of publicly branding them as criminals before any court verdict.
The lawsuit, filed at the High Court, contends that Dr Ayine’s comments at a press conference on March 24, 2025, damaged their reputation and caused emotional distress.
The plaintiffs argue that, the Attorney-General’s statements exposed confidential information and prejudiced public opinion, particularly affecting their children, who have reportedly faced ridicule at school.
The couple seeks exemplary and punitive damages, an injunction restraining further public commentary on the matter, and legal costs.
Dr Ayine, however, remains confident in the prosecution’s case, praising EOCO’s investigative work and asserting that witnesses with intimate knowledge of the operations, have agreed to testify.
“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 and the National Security on one hand and on the other hand, an Israeli company named RLC Holdings Limited. The contract was for the purchase of a cyber defence system software at a price of $7 million,” the Attorney General said.
Providing further details, Dr Ayine, disclosed that just days after signing the agreement, Adu Boahene, initiated a suspicious transaction.
“On February 6, 2020, he then transferred an initial amount of GH¢27,100,000 from the National Signals Bureau account at Fidelity Bank to a private BNC account at UMB. Official documentation on the transfer reveals that the amount was for the payment of cyber defense system software. He transferred the money to his private company,” he told the media.
According to Dr Ayine, investigations further uncovered that the former NSB boss, allegedly funnelled the funds not only into his personal account, but also into accounts belonging to his wife.
Addressing a press conference on Wednesday, in which he briefed the media on his investigations so far, Dr Ayine, was optimistic that he will secure the convictions, because of the detailed work done by the Economic and Organised Crime Office (EOCO).
“The diligent investigations by the Economic and Organised Crime Office (EOCO), led by Mr Raymond Archer, gives me a high level of hope and confidence that all things being equal, I will obtain convictions on most, if not all of the charges I have preferred today.
“Besides the documentary evidence including bank statements, deposit slips, cheque numbers, we have persons with deep knowledge of the matter who have agreed to testify at the trial. Persons who were very close to the action have agreed after having been interrogated about what they know have agreed to testify in this matter.”
Dr Dominic Ayine, among other things, disclosed that ongoing investigations have uncovered yet another fraudulent scheme involving Kwabena Adu Boahene and his wife.
It has been revealed that Ghana Water Company Limited (GWCL) has been making monthly payments of at least GH¢1.3 million into the private accounts of Kwabena Adu-Boahene, the former Director General of the National Signals Bureau.
The Attorney General, revealed that these payments were disguised as part of an internet provision contract with the National Signals Bureau (NSB), raising serious concerns about the misuse of public funds.
Dr Ayine, further disclosed that the payments, have been occurring for several months, with no clear evidence linking the transfers to any legitimate services provided by Kwabena Adu-Boahene or the NSB.
The Attorney General, stated that his office is currently scrutinising the details of the contract, which appears to have been fabricated to conceal the illicit payments.
The embattled former NSB Director-General, with links to several high-profile figures, has been under investigation for various financial irregularities.
Dominic Ayine, has revealed more shocking details of how Ghana Water Company Limited (GWCL) illegally paid GHS1.5 million monthly to a private company owned by former National Signals Bureau (NSB) Director for internet services.
At the press conference, the Attorney General, detailed how the GWCL, was systematically defrauded to the tune of GH¢62 million through an elaborate scheme involving the NSB’s former director.
The scheme, which ran for an undisclosed period, saw GWCL paying premium rates for basic internet services that should have been provided at no cost between the two state-owned entities.
“This criminal enterprise involved the purported provision of secure Internet services to Ghana Water Company Limited by the erstwhile Bureau of National Communications, now National Signals Bureau,” Ayine stated.
“The contract document showed that Ghana Water was to pay BNC the sum of 650,000 Ghana cedis every two weeks for secure internet services from BNC, that is the Bureau of National Communications. However, for purposes of the payment, Kwabena Adu Buahene provided the account details of his company, BNC Communication Limited, to Ghana Water, which religiously paid for the Internet services.”
The AG explained that, “every two weeks, 650,000 Ghana cedis left the bank accounts of Ghana Water. Instead of going to the National Signals Bureau account, it went to the account of a company known as Bureau of National Communications, owned by Kwabena Adu Buahene and his wife.”
The Attorney General emphasized the absurdity of the arrangement as “the government agency is providing secure internet services to Ghana Water Limited, a limited liability company solely owned by the same government.”
“And Ghana Water is spending money that they do not have to pay for internet services at that cost – 1.3 million Ghana cedis every month. In fact, the figure goes to 1.5 million Ghana cedis every month at the close of our investigations.”
The press conference came hours after Adu Boahene and his wife, Angela Adjei Boateng, pleaded not guilty in court to 11 corruption charges involving GHS49 million in alleged fraudulent contracts.
The Attorney General’s office is expanding its investigation into the GWCL payments, with more charges expected.
He added that his office will file separate charges against Mr Adu Buahene and his accomplices next week.
During Wednesday’s hearing at the High Court, the charges were read, and the accused maintained their innocence.
Counts 1-3 (Stealing): Adu Boahene pleaded “Not guilty” to three separate counts of stealing public funds.
Count 4 (Conspiracy to Steal): Both Adu Boahene and his wife denied collaborating to misappropriate state money.
Counts 5-6 (Fraud & Financial Loss): The ex-NSB boss rejected accusations of defrauding the state and causing financial loss through a phantom cybersecurity deal with Israeli firm ISC Holdings Limited.
Count 7 (Using Public Office for Profit): Adu Boahene declared, “Not guilty.”
Count 8 (Aiding Corruption): His wife also pleaded “Not guilty” to collaborating in the alleged scheme.
Count 9 (Obtaining Property by False Pretences): Adu Boahene again denied wrongdoing.
Count 10 (Money laundering contrary to Anti-Money Laundering Act) – Mrs and Mrs Adu Buahene and one Mabel Donkor.
Prosecutors allege that between 2020 and 2023, Adu Boahene siphoned GHS 49 million from NSB coffers under the guise of purchasing nonexistent cyber defence software. Investigations revealed that no such systems were ever delivered to Ghana’s security agencies.
His wife, a director of Advantage Solutions Limited, linked to the transactions, is accused of aiding in laundering the funds.
Their former bank officer, Mildred Donkor faces charges for facilitating suspicious financial transfers.
BNC was created by Adu-Boahene and his wife while he was still the NSB boss. The company was used to purchase a security system from the Israeli firm ISC Holdings Limited. While an initial payment of GHS 9.5 million (about $1.75 million) was transferred to ISC Holdings, the company did not receive any further payments.
Instead, subsequent funds were diverted for personal use, including investments and transfers to unknown parties. The court documents alleged that Adu-Boahene, his wife and Mildred “Therefore ran an elaborate criminal enterprise using A4 (Advantage Solutions Limited) as a holding company through which the stolen funds were funnelled and laundered for their own benefit”.
The documents added that as the holding company for several subsidiary companies, including the Private BNC, A4 received a substantial portion of the stolen funds which were then invested by its shareholders and directors in the business activities of the subsidiaries, including investments in treasury bills, real estate, the manufacturing of fertiliser and rental of luxury cars to VIP customers.
The National Investigations Bureau (NIB) arrested Mr Adu Boahene on Thursday, March 20th, at the Kotoko International Airport upon his return from abroad in relation to the scandal, but he was later granted bail.
