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ALARM – Ex-Director-General of the National Signals Bureau embezzled $2m state funds

March 24, 2025
in Top Story, News
ALARM – Ex-Director-General of the National Signals Bureau embezzled $2m state funds

Former Director-General of the National Signals Bureau (NSB) Kwabena Adu-Boahene

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Dr Dominic Ayine, the Attorney General has exposed the former Director-General of the National Signals Bureau (NSB) Kwabena Adu-Boahene of embezzlement of $2m state funds.

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According to the Attorney General, Kwabena Adu-Boahene laundered state funds through real estate investments in Accra and abroad.

He further revealed that his arrest had to do with financial misconduct relating to a $7 million cyber defence system contract.

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The deputy Deputy Director of EOCO Raymond Archer led an arrest of the former Director-General of the National Signals Bureau Mr Kwabena Adu Boahene at the Kotoka International Airport (KIA).

According to reports, Kwabena Adu Boahene was arrested a while ago on his arrival at the Kotoka International Airport.

Upon his arrival on a British Airways flight from London, United Kingdom, on Thursday, 20 March 2025, Kwabena Adu Boahene went through immigration formalities and took a seat to wait for his bags.

The information gathered suggests, that he was later informed by the immigration officers stationed at the VIP section that there was an issue with his name which needed to be resolved at the main office at Terminal 3.

Adu Boahene willingly followed the officers to the immigration office at the Terminal 3 departure section after some minutes he was told that he was on the Stop List by EOCO and wanted accordingly.

The Deputy Director of EOCO Raymond Archer and his team handcuffed Mr Adu Boahene at the departure and escorted him through the airport departure hall and was pushed into a white Nissan Navara pickup with registration No GN 8850-22 with fully armed men.

The arrest was carried out under a joint operation between investigators from EOCO and the Attorney-General’s Department.

Speaking at a press conference on Monday, Dr Ayine disclosed, “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 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.”

“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 added.

Tags: Dominic AyineKwabena Adu Boahenestate funds
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