In a dramatic turn of events, Kwabena Adu Boahene, the Spy Chief of the National Signals Bureau (NSB), and his wife, Angela Adjei Boateng, are facing an uphill battle as they attempt to secure bail pending investigations into allegations of corruption and money laundering.
The Economic and Organised Crime Office (EOCO) has imposed stringent bail conditions, requiring the couple to post bail in the sum of GHS 200 million, a move that has sparked controversy and raised questions about the fairness of the justice system.
Their lawyers have gone to court to press for bail saying the bail conditions are outrageous and cruel.
According to court documents, Adu Boahene and his wife are accused of embezzling millions of Ghana cedis from the NSB, a state-owned agency responsible for managing Ghana’s signal infrastructure.
The couple allegedly used the funds to purchase luxurious properties and assets, both locally and internationally.
The Attorney-General’s office has revealed that investigations have uncovered a complex web of transactions, involving multiple bank accounts and shell companies, which were used to launder the alleged stolen funds.
At a press conference, the Attorney-General, Dr. Dominic Ayine, disclosed that Adu Boahene had transferred a total of GHS 49 million from the NSB’s account to his private company, BNC Communications Bureau Limited.
The funds were then used to purchase properties and assets, including several houses in Accra and two properties in London.
The Attorney-General’s office has also revealed that Adu Boahene and his wife have been linked to several other companies, which are suspected of being used for money laundering and other illicit activities.
The bail conditions imposed by EOCO have been criticized by some as being excessive and punitive.
Adu Boahene’s lawyers have argued that the conditions are unreasonable and that their client is being unfairly targeted.
