GH¢49 Million NSB Case: High Court reinstates Adu-Boahene's bail, case adjourned to May 26
Kwabena Adu-Boahene has been slapped with 11 charges for allegedly transferring GH¢49m NSB funds
The High Court in Accra has reinstated the bail conditions of embattled former Director-General of the National Signals Bureau, Kwabena Adu-Boahene, who has been slapped with 11 charges for allegedly transferring GH¢49 million (approximately $7 million) from the bureau’s account to his personal account, among other offences.
Adu-Boahene was remanded by the Accra High Court into the custody of the Economic and Organised Crime Office (EOCO) for seven days.
The court stated that Kwabena Adu-Boahene's remand is to allow the Attorney General's office sufficient time to complete the preparation of witness statements for the case.
He was previously granted bail following his arrest by the state for the alleged crimes stated above, but was granted bail to the sum of GH¢80 million, with two sureties, one of whom must be justified.
Further reports indicate that counsel for the accused, Samuel Atta Akyea, requested the court to maintain the existing bail conditions for all the accused persons.
However, the Attorney General opposed this request specifically in relation to the first accused, Kwabena Adu-Boahene, arguing that he had interfered with potential prosecution witnesses — grounds he deemed sufficient to warrant remand.
The court, during proceedings on Tuesday, May 13, 2025, reinstated the bail conditions of the embattled former NSB director general and his wife.
The case was adjourned to May 26, 2025.
The court, however, gave the Office of the Attorney General up to May 20, 2025, to file its witness statement(s).
The Attorney General and Minister of Justice, Dr Dominic Ayine, disclosed that Kwabena Adu-Boahene, the former Director-General of the National Signals Bureau (NSB), had been arrested in connection with the alleged diversion of public funds meant for a cybersecurity defence system.
Addressing the press on Monday, March 24, 2025, Dr Ayine stated that Adu-Boahene was implicated in the unauthorised transfer of $7 million, originally allocated for cybersecurity infrastructure, into his private accounts.
"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 defence 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 channelled the funds not only into his personal account, but also into accounts belonging to his wife.
BAI/AE
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