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 mismanaging funds from a $7 million cyber defence system contract.
Speaking at a press conference on Monday, March 24, Mr. Ayine explained that Adu-Boahene is accused of diverting public funds meant for cybersecurity infrastructure.
The contract, signed on January 30, 2020, was between the Ghanaian government and an Israeli company, RLC Holdings Limited. It was intended to enhance Ghana’s ability to prevent cyber threats, data breaches, and digital espionage. However, investigations suggest that Adu-Boahene misused the funds for personal gain.
Just days after signing the contract, on February 6, 2020, he allegedly transferred GH¢27.1 million from the NSB’s Fidelity Bank account to a private account at UMB belonging to BNC, a company he secretly set up with his wife. Official records listed this transaction as payment for the cybersecurity software, but investigators found that the money was funneled into Adu-Boahene’s private business instead.
Dr. Ayine further stated that Adu-Boahene and his wife used the funds to acquire multiple properties in Ghana and abroad. They remain in detention while authorities investigate and pursue other suspects linked to the case.
The Attorney-General reaffirmed the government’s commitment to tackling financial misconduct and strengthening oversight measures to prevent similar incidents in the future
