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Former NSB boss must give back all the money, serve at least 5 years in jail — Franklin Cudjoe

Headlines Former NSB boss must give back all the money, serve at least 5 years in jail — Franklin Cudjoe
MON, 24 MAR 2025 1

The Founding President of IMANI Africa, Franklin Cudjoe, says the state must recover the money allegedly looted by the immediate past National Signal Bureau (NSB) boss, Kwabena Adu-Boahene, and his wife.

The policy advisor stressed that the former NSB boss must be made to refund all the stolen money and serve at least five years in prison.

In a social media post on Monday, March 24, he wrote, “Sad. This is a straightforward case! He must give back all the money and serve at least 5 years in jail.”

This comes after Attorney General and Minister of Justice, Dominic Ayine, disclosed that Kwabena Adu-Boahene and his wife, Angela Adjei-Boateng, allegedly diverted $7 million of public funds through fraudulent transactions.

At a press briefing in Accra on Monday, March 24, Mr. Ayine detailed how the couple used a private company, BNC Communications Bureau, to misappropriate funds meant for a cyber defense system contract between the Government of Ghana and an Israeli company, ISC Holdings.

He revealed that Mr. Adu-Boahene, while serving as Director General of NSB, transferred 49 million Ghana cedis—equivalent to $7 million at the time—from a National Security account to a company he co-owns with his wife.

“After transferring the money to their private company’s account, only $1.75 million was paid to ISC Holdings for the software. The remaining amount, approximately 39.5 million cedis, was used for personal gains, including real estate purchases,” the Attorney General said.

The Economic and Organised Crime Office (EOCO) led the investigation, which resulted in the arrest of Kwabena Adu-Boahene upon his return from abroad on March 21, followed by the arrest of his wife, Angela Adjei-Boateng.

Isaac Donkor Distinguished
Isaac Donkor Distinguished

Is a journalist with a keen interest in politics, current affairs, and social issuesPage: isaac-donkor-distinguished

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Comments

Akuba Ghana | 3/24/2025 11:55:18 PM

Aah, a bunch of plantain koraaa is 10 years.... lol

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