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Former D-G of National Signals Bureau allegedly laundered over $2m in real estate – A-G – MyJoyOnline

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Former D-G of National Signals Bureau allegedly laundered over m in real estate – A-G – MyJoyOnline

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Kwabena Adu Boahene, the former Director-General of the National Signals Bureau (NSB), is accused of embezzling state funds and laundering them through real estate investments in Accra, the capital of Ghana.

He’s also believed to have acquired some properties outside Ghana.

Mr Adu Boahene, who served as the Deputy Director-General before becoming the substantive Director between 2017 and 2025, is alleged to have misappropriated funds through contracts he signed on behalf of the state using a similar private firm he set up.

Reports suggest that he created a private business closely resembling the operations of the National Signals Bureau, which he reportedly ran alongside his wife.

It is alleged that Mr Adu Boahene misappropriated a total of $2,217,815 million, which he then invested in properties in Accra and outside the country.

The majority of these properties are located in La, a community in Accra, as well as along the Eastern Corridor road, specifically the Accra-Akosombo stretch.

The revelation was made by the Minister of Justice and Attorney General, Dr Dominic Ayine, during a press conference on Monday, March 24.

Mr Adu Boahene, who was arrested on Thursday, March 20th at the Kotoko International Airport upon his return from abroad by the National Investigations Bureau is still in detention.

The Attorney General informed the public about the activities of the defunct anti-corruption agency, Operation Recover All Loots (ORAL), established by the NDC government to identify and recover state assets that had been stolen by individuals.

More soon.

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