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GeneralHeadlines

Adu-Boahene arrested for diverting $7m into private accounts – Ayine

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published March 24, 2025
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The Attorney-General and Minister of Justice, Dominic Ayine, has revealed that Kwabena Adu Boahene, the former Director-General of the National Signals Bureau (NSB), was arrested for allegedly diverting $7 million meant for a cyber defense system contract into his private accounts.

According to Mr. Ayine, the arrest was linked to alleged financial misconduct involving the transfer of public funds intended for the procurement of cybersecurity infrastructure. The contract, valued at $7 million, aimed to strengthen Ghana’s ability to detect, prevent, and respond to cyber threats, data breaches, and digital espionage.

Ayine disclosed that Adu Boahene engaged in unauthorized financial transactions, diverting funds meant for the cyber defense system. “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 on the other hand, an Israeli company named RLC Holdings Limited. The contract was for the purchase of a cyber defense system software at a price of $7 million.”

He further stated, “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 defense system software. He transferred the money to his private company.”

The National Signals Bureau (NSB) is responsible for providing signals intelligence to support national security. The bureau’s activities are critical in detecting and preventing cyber threats, data breaches, and digital espionage.

The Attorney-General’s office has assured the public that investigations into the matter are ongoing, with financial intelligence agencies closely monitoring all related transactions.

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TAGGED:Adu-BoaheneDr. Dominic Ayine
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