List of properties allegedly acquired by Adu-Boahene and his wife

Attorney General Dr. Dominic Ayine has disclosed details of significant landed properties and assets acquired by Mr Kwabena Adu-Boahene, the former Director-General of the National Signals Bureau (NSB), and his wife Angela Adjei-Boateng.

These assets, alleged to have been purchased with proceeds from questionable activities, span prime locations in Ghana and abroad.

The properties identified in the investigation include:

1. No. 2 Stream Part Drive, Mayfair Estates, LA, Accra: A deposit of $1,000,000 (valued at GHS15,000,000) was made for this estate. Relevant deposit slips and receipts have been traced.

2. No. 6 Edith Avenue, Mayfair Estates, LA, Accra: A deposit of $500,000 was recorded for this property.

3. No. 7 Edith Avenue, Mayfair Estates, LA: $200,000 was deposited for this asset.

4. No. 8 Edith Avenue, Mayfair Estates, LA: An initial deposit of $97,815 was made, with authorities suspecting additional cash payments were used to complete the purchase.

5. No. 9 Edith Avenue, Mayfair Estates, LA, Accra: A deposit of $270,000 was recorded.

6. No. 10 Edith Avenue, Mayfair Estates, LA, Accra: The deposit amount for this property stands at $150,000.

The investigation also uncovered Mr Adu-Boahene’s ownership of Vertex Properties, a company linked to the alleged misappropriation of funds. Vertex Properties is reported to own 27 houses located in Oyarifa, with each house valued at $295,000.

Beyond Ghana, investigators have tracked two additional properties in London, though specific details regarding these assets are yet to be disclosed.

Addressing journalists in Accra on Monday, Dr Ayine emphasised that the substantial financial outlay for these acquisitions strongly correlates with the suspect’s alleged misconduct while serving as NSB Director.

“The proceeds from the suspects’ activities were used to buy significant landed properties and other assets of considerable value both in Ghana and elsewhere,” he remarked.

Authorities continue to probe the financial flows and ownership structures connected to Mr. Adu-Boahene and his wife. The investigation aims to recover misappropriated funds and ensure accountability for any financial malpractices.

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