GHC55m probe: Miracles Aboagye first tried to edit the audit – Kay Cudjoe blows alarm
Political commentator and IMANI Africa affiliate Kay Cudjoe has claimed that former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation, Dennis Miracles Aboagye attempted to have portions of a forensic audit removed before the Economic and Organised Crime Office (EOCO) launched its investigation.
In a statement shared on social media, Cudjoe said a forensic audit covering the period from August 2022 to February 2025 prompted the IMCC’s current Executive Secretary to petition EOCO over alleged misappropriation, diversion and theft involving about GH¢55 million.
He further cited allegations by the Secretariat that the audit uncovered two bank accounts that were not included in the official handing-over notes.
According to Cudjoe, one of the accounts reportedly processed GH¢102,256,802.69 in transactions.
“That is transaction value, not proven loss. But it is also not a birthday card,” he wrote.
Cudjoe also referred to allegations that Aboagye, through a lawyer and a mutual acquaintance, sought a private meeting with the current Executive Secretary to request the removal of findings relating to the accounts and certain named entities.
“The Secretariat reportedly refused. Miracles did not merely promise to command the narrative. According to the institution, he first tried to edit the audit,” he stated.
While stressing that the allegations remain under investigation, Cudjoe maintained that the audit findings deserve public attention.
“Guilt is unproven. The paper trail is not,” he added.
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Dennis Miracles Aboagye did not reach five frozen bank accounts and four restrained properties by teleportation. The chronology is far less flattering than the party headquarters version.
A forensic audit examined the Inter Ministerial Coordinating Committee (IMCC) on Decentralisation from August 2022 to February 2025. Its current Executive Secretary petitioned EOCO, which opened inquiries into alleged misappropriation, diversion and theft involving about GH¢55 million.
Buried beneath the party noise is the detail Miracles may prefer headquarters and its choir to ignore.
The IMCC Secretariat alleges that the audit uncovered two bank accounts omitted from the official handing over notes. One reportedly processed GH¢102,256,802.69 in transactions. That is transaction value, not proven loss.
But it is also not a birthday card.
The Secretariat further alleges that Miracles arranged a private meeting through a lawyer and mutual acquaintance and requested the removal of findings concerning those accounts and certain named entities. The current Executive Secretary reportedly refused.
Miracles did not merely promise to “command the narrative.” According to the institution, he first tried to edit the audit.
EOCO says fresh findings later emerged. Miracles was intercepted upon returning to Ghana, handed to investigators and taken through a search operation. He received GH¢50 million bail with three sureties. Former accountant Gerald Appiah was also arrested, and EOCO says he began refunding money connected to the investigation.
Guilt is unproven. The paper trail is not.
The public arithmetic circles GH¢105 million: GH¢55 million under investigation and GH¢50 million in bail. These figures are legally distinct and cannot prove loss when combined. Politically, they measure the cloud above a man practising a new branch of constitutional law: presumption of innocence by media rotation.
The formula is simple. Leave one studio, enter another, speak faster and louder than the investigators, sound offended and perform outrage like a jilted lover, invoke political persecution, and hope the public mistakes an elephantiasis sized investigation for a minor rash and airtime for acquittal.
Unfortunately, miracle narratives do not survive contact with audit trails, frozen accounts and court orders.
An Accra High Court has confirmed EOCO’s application to freeze five bank accounts and four landed properties while investigations continue. This is not conviction, confiscation or proof that the assets are criminal proceeds. It is judicial preservation.
That is where the presumption of innocence campaign meets its first locked door.
Miracles may challenge the order, seek variation or revocation, request legitimate expenses and demand strict proof linking each asset to wrongdoing. That is how legal innocence is defended, not by changing stations until the allegation becomes dizzy.
What entered the accounts? From whom? When were the properties acquired? At what price? What lawful income financed them? What connects them to the questioned transactions?