Former National Signals Bureau Director-General, Kwabena Adu Boahene, who is the first accused in the criminal case involving the alleged theft and laundering of over GHS 49 million in state funds, according to the state prosecutor, did not declare his assets as required by law.
This was revealed during a case management conference on Monday, June 9.
The case involves four accused persons: Adu-Boahen, the former boss of Ghana’s National Signals Bureau; his wife, Angela Adjei-Boateng; an associate, Mildred Donkor; and Advantage Solutions, a company jointly owned by Adu-Boahen and his wife. They 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.
During the case management conference, prosecutors outlined a broad range of documentary evidence they intend to rely on at trial. According to the state represented by Deputy Attorney General Dr. Justice Srem-Sai, investigations have uncovered a complex network of companies and bank accounts through which the accused allegedly moved state funds for personal benefit.
One of the revelations was the prosecution’s confirmation that Adu-Boahen failed to submit an asset declaration despite being a public Officer. Dr. Justice Srem-Sai says the state requested access to his asset declaration form but was informed that none had been filed.
Among the evidence disclosed are:
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.
Another document disclosed is a financial flow chart referred to in court as Chart One that details how the missing funds were transferred from the government’s accounts into various private companies and then used to acquire real estate, vehicles, and other assets.
The chart includes dates of transactions, the identities of recipients, and amounts involved. Prosecutors say it paints a comprehensive picture of how the money was allegedly misappropriated and laundered.
Enterprise Dreams Limited, one of the companies implicated, is said to have been used to rent vehicles, some of which, according to prosecutors, are believed to have been stolen from Canada and the United States. These vehicles will form part of the evidence at trial.
In all, 85 documents were filed with the court on June 2, 2025. The prosecution has asked the court for permission to supplement this with additional disclosures on the letter requesting information on Adu-Boahen’s asset declaration. The court granted this request and allowed defence counsel extra time to file any processes requesting further disclosures if needed.
The case has been adjourned for a further case management conference is scheduled for June 26, 2025, from 2 p.m. to 4 p.m.
