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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Minister of Justice announced the arrest of a former top security official in Ghana for financial embezzlement. He is suspected of embezzling funds intended to strengthen the country's cybersecurity
.Kwabena Adu-Boahene, former director of the National Signals Bureau (NSB) is accused in connection with a $7 million contract signed in January 2020 with an Israeli company, RLC Holdings Limited. The investigation by the Office for Combating Economic and Organized Crime (EOCO), a government agency, showed that part of the funds earmarked for the cybersecurity project was transferred to private accounts linked to Mr. Adu-Boahene, a former NSB boss, and his wife, Angela Adjei-Boateng. According to Dominic Ayine, Ghanaian Attorney General and Minister of Justice, “the official documents relating to the transfer reveal that the amount was intended to pay for cyber defense system software. He transferred the money to his private company.”
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