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    Home»Ghana News»Full list of expensive properties owned by former NSB director since 2018
    Ghana News

    Full list of expensive properties owned by former NSB director since 2018

    ZamZam UpdateBy ZamZam UpdateMarch 25, 2025No Comments3 Mins Read
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    The Lawyer-Common, Dr Dominic Ayine, has disclosed an inventory of properties owned by the embattled former Director-General of the National Signals Bureau (NSB), Kwabena Adu Boahene, and his spouse, Angela Adjei-Boateng.

    This revelation comes amid ongoing investigations into alleged financial misappropriation involving the couple, who’ve been detained awaiting prosecution.

    Addressing a press convention on Monday, twenty ninth March, Dr Ayine said that Mr Boahene, throughout his tenure, amassed over GH₵39 million from the acquisition of a $7 million cyber defence system software from an Israeli firm, ISC Holdings Restricted, in 2020.

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    Dr Ayine said:

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    A evaluate of the transactions on the non-public BNC account reveals that after the fee of GH₵9,537,520, Mr Adu Boahene and his spouse started utilizing the remaining funds for private bills, making transfers to native third events, private investments, and unidentified recipients.

    In essence, the distinction between GH₵49 million, which Mr Adu Boahene transferred from the nationwide BNC’s checking account to his non-public BNC, and GH₵9.5 million, which he really paid to ISC Holdings for the software program, ended up with him and his spouse.

    The Lawyer-Common additional issued a stern warning to staff of Mr Adu Boahene’s firm and the banks concerned, instructing them to not approve any withdrawals or diversions of funds from accounts linked to the previous NSB director and his spouse.

    EOCO’s Findings: Boahene’s Luxurious Property Acquisitions

    Investigations by the Financial and Organised Crime Workplace (EOCO) have linked Mr Boahene to a number of luxurious properties in Accra’s upscale Mayfair Estates, together with:

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    • No. 2 Stream Park Drive – Valued at $1 million (GH₵15 million)

    • No. 6 Edith Avenue – Bought with an preliminary money deposit of $500,000, as a part of a deal involving 5 homes

    • No. 7 Edith Avenue – Acquired for $200,000

    Full Checklist of Properties Under:



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