Deputy Minister of Justice and Attorney General, Dr. Justice Srem Sai, has revealed that the embattled former Director of the National Signals Bureau (NSB), Kwabena Adu Boahene, is more of a flight risk than initially assessed.

Speaking in an interview with GHOne TV, monitored by GhanaWeb, Dr. Srem Sai explained that emerging information has influenced the Attorney General's office not to immediately proceed with prosecuting the matter.

"New discoveries are coming up. Even though our intention was to charge him, we received further briefing on Sunday night, which suggests that he is actually more of a flight risk than our initial assessment. We discovered that he has multiple Ghanaian passports. We also discovered that he has the capacity to acquire other nationalities... you know, these days, with money, you acquire nationalities. This new information has led us to exercise some restraint on how we even begin to prosecute the matter."

The Deputy Attorney General further explained why the suspect was arrested at this time.

"There is one thing that I need to put across. Even though we have been following this case, the investigation has taken some weeks. I don't think this would have been the ideal time to arrest the gentleman. But he is someone who is very fluid when it comes to moving across borders. As the Attorney General has indicated, he has actually been fluid in the last few weeks. We thought he was coming to Ghana, but he was still fluid. So, our understanding is that once he enters the country, we need to have an interaction with him to be put into the criminal justice system."

The Attorney General, Dr. Dominic Ayine during a press conference on Monday, March 2, 2025, made several alarming revelations during the briefing. Below are five key highlights:

Adu-Boahene’s embezzlement of GH¢39 million

According to the Attorney General, Kwabena Adu-Boahene allegedly embezzled up to GH¢39 million from the agency in collaboration with his wife.

This occurred after Adu-Boahene, acting as Director of the agency, signed a contract on behalf of the government and the National Security Council with an Israeli company, ISC Holdings Ltd., for the purchase of cyber defense system software at a cost of $7,000,000.

“In essence, the difference between (1) GH¢49,000,000, being the money Mr. Adu-Boahene transferred from the bank account of the National BNC to his private BNC, and (2) GH¢9,537,520, being the money he actually paid to ISC Holdings for the software, ended up with him and his wife. That is to say, a sum of Thirty-Nine Million, Four Hundred and Sixty-Two Thousand, Four Hundred and Eighty Ghana Cedis (GH¢39,462,480) is with Adu-Boahene and Angela Adjei-Boateng for no lawful reason or work done,” Ayine stated.

Creation of a private company with the same name as a state institution

The Attorney General further revealed that Adu-Boahene, who was a co-signatory to the Bureau of National Communication’s (BNC) director’s account at Fidelity Bank, secretly established a private company named BNC Communication Bureau Limited, which he used to channel payments into his personal accounts.

“As the Director of the BNC, Adu-Boahene was a co-signatory to the BNC’s Directors’ Account at Fidelity Bank. While serving as Director of BNC, however, Adu-Boahene and his wife, Angela Adjei-Boateng, incorporated, on October 23, 2018, a private company which they named ‘BNC Communication Bureau Limited.’ It is important to note the similarity between the names here—BNC.”

Transfers from state accounts to private companies

Another shocking revelation made by the Attorney General was that Adu-Boahene and his wife established approximately 10 companies, where they served as shareholders and directors. He stated that funds, suspected to be proceeds of crime, were transferred under suspicious circumstances through the bank accounts of these companies.

“The investigation has established that the ultimate beneficial owner of BNC Communication Bureau Limited is another company known as Advantage Solutions Limited. Ten other companies are, through a very complex web of shareholding and directorship, connected to Adu-Boahene and his wife, Angela Adjei-Boateng.

"Investigations have also established that monies, mostly proceeds of crime, from Advantage Solutions Limited, BNC Communication Bureau Limited, and other similar sources have been transmitted under very suspicious circumstances through the bank accounts of these companies. The investigations have revealed so far that the suspect and his wife have registered companies which we are tracking,” he said.

Adu-Boahene is more of a flight risk than our initial assessment indicated... - Dr. Justice Srem-Sai (Deputy Attorney-General) #GHOneNews #EIBNetwork #GHOneTV #NewsAlert #StateOfAffairs pic.twitter.com/gUmDUYa1kQ

— GHOne TV (@ghonetv) March 24, 2025