Kwabena Adu-Boahene, the former Director-General of the National Signals Bureau (NSB), has been arrested for allegedly diverting over $7 million into private accounts, according to Attorney-General and Minister of Justice, Dominic Ayine.

This revelation came during a press conference on Monday, March 24, where Mr. Ayine provided details on the circumstances surrounding the case.

Adu-Boahene's arrest is linked to his alleged involvement in financial misconduct related to a $7 million cyber defence system contract.

The contract, signed on January 30, 2020, was intended to enhance Ghana's capacity to detect, prevent, and respond to cyber threats.

However, investigations suggest that funds allocated for the project were diverted for personal use.

Mr. Ayine explained that Adu-Boahene, in his role as Director of the NSB, signed the contract with an Israeli firm, RLC Holdings Limited, to supply the cyber defence system software. Despite the significance of the project, Adu-Boahene allegedly engaged in unauthorized financial transactions. On February 6, 2020, he transferred an initial sum of GH¢27.1 million from the National Signals Bureau's Fidelity Bank account to a UMB private account of BNC, the private firm he set up with his wife.

According to Mr. Ayine, "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 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." He further stated, "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 defence system software. He transferred the money to his private company."

Adu-Boahene and his wife allegedly acquired several landed properties in Ghana and abroad using the diverted funds. They are currently in detention, and other suspects are being pursued for prosecution. The Attorney-General has reaffirmed the government's commitment to combating financial irregularities and strengthening oversight mechanisms to prevent future occurrences of such misconduct.

Sompaonline.com