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The Attorney-General and Minister of Justice, Dr. Dominic Ayine, has revealed that the former Director-General of the National Signals Bureau (NSB), Kwabena Adu Boahene, was arrested for allegedly diverting $7 million meant for a cyber defense system contract into his private accounts.
Speaking at a press conference on Monday, March 24, Dr. Ayine outlined the details of the case, stating that the funds were originally allocated for a cybersecurity project aimed at strengthening Ghana’s ability to detect, prevent, and respond to cyber threats, data breaches, and digital espionage.
According to the Attorney-General, Adu Boahene, in his capacity as NSB Director, signed a contract on January 30, 2020, on behalf of the Government of Ghana and the National Security with an Israeli company, RLC Holdings Limited, for the procurement of a cyber defense system software.
However, instead of directing the funds toward the project, he allegedly engaged in unauthorized financial transactions.
“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,” Dr. Ayine disclosed.
The Attorney-General assured the public that investigations into the matter are ongoing, with financial intelligence agencies closely monitoring all related transactions.
