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Alarm – Ernest Addison’s home was raided over suspicion of allegedly having a vault containing billions

March 20, 2025
in Top Story, News
Alarm – Ernest Addison’s home was raided over suspicion of allegedly having a vault containing billions

Former BoG governor Ernest Addison

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Albert Nat Hyde popularly known as Bongo Ideas has alleged that the National Security operatives led by Richard Jakpa stormed the former Bank of Ghana Dr Ernest Addison’s home over suspicion of allegedly having a vault containing billions.

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Bongo Ideas on X wrote, “Former BoG governor Dr Addison’s home was reportedly raided by National Security because it was suspected that he allegedly had a vault containing billions…”.

Reports emerged yesterday evening that the director of special operations at the National Security Secretariat, Richard Jakpa has led about 20 armed men to raid the home of former BoG Governor Ernest Addison.

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According to reports, the raid occurred on Wednesday 19 March 2025 at around 5 am at Ernest Addison’s home in Accra.

The information gathered suggests Dr Addison was home when Richard Jakpa and his 20 armed men wielding AK-47 semi-automatic rifles raided his property.

The National Security immediately disabled the CCTV system at the property and demanded Dr Addison lead them to the vaults in his house.

Dr Addison later revealed he had no vaults or cache of cash at home.

The information gathered also suggests the National Security operatives later allegedly ransacked the house with no vault being found and no large amounts of cash were found.

Jakpa and his team according to reports later decided to take the CCTV monitor and control unit with them after their search yielded no results.

Reports indicate Dr Addison, his wife, and their entire family are said to be traumatized after the raid.

“This is the first time in the history of Ghana that such a thing is happening to a Governor of the Bank of Ghana. This is both scary and messy,” A former retired senior official of the central bank, when contacted about the raid stated.

Richard Jakpa after leading National Security officers to raid the home of Ken Ofori Atta has yet again stormed another home of high-profile former appointees of former president Akufo-Addo.

Meanwhile, Former Finance Minister Ken Ofori-Atta has filed a lawsuit against National Security operatives, accusing them of trespassing on his Cantonments residence and violating his privacy.

The incident, which occurred on February 11, 2025, involved a team of 12 individuals, including five in military uniforms, one in police attire, and others in plain clothes, who allegedly entered the property without prior notice or consent.

According to the statement of claim, Mr Ofori-Atta was abroad for medical treatment at the time of the raid.

His domestic staff reported that the team conducted an extensive search of the premises, including private areas such as bedrooms and closets, without presenting a warrant or explaining the purpose of the search.

The plaintiff also alleges that a member of the team filmed the operation, further exacerbating the breach of privacy.

The writ, issued by the High Court, names two senior police officers, DSP Bismark Boakye Ansah and Chief Inspector Mensah, as defendants. Mr Ofori-Atta claims the raid caused severe trauma to his domestic staff and damaged his reputation both domestically and internationally.

See his post below:

Former BoG governor Dr Addison’s home was reportedly raided by National Sexurity because it was suspected that he allegedly had vault containing billions… pic.twitter.com/pwCBwH0xGy

— Albert Nat Hyde ™ (@1BongoIdeas) March 20, 2025

Tags: Bank of GhanaErnest-AddisonRichard Jakpa
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