Security Analyst Col Festus Aboagye (rtd) has exposed the former Bank of Ghana Governor, Dr Ernest Addison for allegedly spying on Bank of Ghana (BoG) staff and activities.
According to Col Festus Aboagye, the state received intelligence that Dr Ernest Addison had wired his place with what we call backdoor electronic devices.
He revealed that the former BoG governor had devices in his house, wired to the Bank of Ghana, which enabled him to spy on BoG staff and activities.
His comment comes after reports emerged some days ago 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.
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.
Speaking on TV3 on Saturday, March 22, 2025, Col. Aboagye (rtd) detailed, “What is coming out, unless contested, is that there was intelligence I’m speaking on what I have checked that former Governor Addison when I got social information and checked from a source within National Security, certain individuals within National Security, had wired his place with what we call backdoor electronic devices”.
“He had devices in his house, wired to the Bank of Ghana, which enabled him to monitor what was going on. Monitoring is a very diplomatic word; this is spying, this is surveillance”, he added.
The Security Analyst added, “The state has not authorized anybody in the form of a former BoG Governor to mount surveillance on the premises of BoG. That was the intelligence that the state had. The naked wireless was wired into devices which again for political reasons people have been saying, they were CCTV cameras that were retrieved from the premises. As far as I’m concerned, that was the objective of that search.”
The State by law is allowed in the form of a National security institution to mount surveillance but not as an individual. The question is why will Governor Addison mount surveillance on the Bank of Ghana what was he seeking to do?”.
Col Festus Aboagye further alleged that Dr Enest Addison was influencing the ongoing investigation into his activities as the former governor of the Bank of Ghana.
He added, “One of the reports coming out is that based on what he was seeing and hearing he was able to place calls back to certain individuals to direct them as to what to do, is he influencing the investigation going on? By the time he checked out, yes he got a few days I think, up to the end of March, officially he is no longer the Governor so he should have disconnected those devices, why was he still having the devices operational? There are questions for him to answer”.
The Security Analyst Col Festus Aboagye further stated the situation is being politicized.
He added, “I think the sense I get is that these events are being politicized. Instead of framing the event in a national security context, parties are being political”.
“It’s the description of these events as raids that is the problem. A raid is a sudden use of force to attack a place; that is what is called a raid. That is not what we are seeing here. What we are seeing is the National Security, based on intelligence, entering a property to accrue something with a bench warrant”, he revealed.
Meanwhile, a Member of the ruling National Democratic Congress (NDC), Nii Kpakpo Samoa Addo, claims the former Governor of the Bank of Ghana, Dr. Ernest Addison, was secretly spying on the bank’s meetings and vault operations.
In a Facebook post on Friday, 21st March, Lawyer Addo claimed that Dr Addison had installed a backdoor surveillance system to monitor the central bank’s meetings and cash movements remotely.
“Dr Addison installed a backdoor system that ultimately monitors everything that happens at the Bank of Ghana. In fact, from the comfort of his home, he monitors management meetings, staff movements, vault and cash movements, etc., and there is a need to stop him.”
“In effect, he is at home calling the shots. Based on what he sees on his monitoring devices, he contacts staff members for details.”
He further alleged, “In addition to some other activities, he is accused of being involved in, including cash movements at his house upon tip-offs, National Security decided to remove the CCTV cameras and other high-tech monitoring devices he had installed in his home.”
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