Adu Boahene Linked To $2M Real Estate Money Laundering Scheme
Adu Boahene has been charged with embezzling state monies and laundering them through Accra real estate assets.
Former National Signals Bureau (NSB) Director-General Kwabena Adu Boahene has been charged with embezzling state monies and laundering them through Accra real estate assets.
On Monday, March 24, 2025, Dr. Dominic Ayine, the Attorney-General and Minister of Justice, made the accusations public during a press conference.
Dr. Ayine said that Mr. Adu Boahene made investments in landed properties in Ghana and elsewhere totaling $2,217,815 million.
The allegations come after the arrest of Mr. Adu Boahene, who was linked to financial malfeasance regarding a $7 million contract for a cyber protection system.
The Ghanaian government, the National Security Ministry, and the Israeli company RLC Holdings Limited inked the agreement on January 30, 2020, with the goal of improving the nation’s capacity to identify, stop, and handle cyberthreats and data breaches.
In addition to signing the deal in his role as NSB boss, Mr. Adu Boahene founded a private company with his wife that closely matched the NSB’s operations.
When Mr. Adu Boahene returned from London on Thursday, March 20, 2025, he was detained at Kotoka International Airport and is still being held.
