Deputy Attorney General and Minister for Justice, Dr Justice Srem Sai, has expressed confidence that the state is prepared to close its case next week in The Republic v Kwabena Adu-Boahene and 2 Others, the high-profile trial involving the alleged theft of GH¢49.1 million from a government bank account.
In a statement outlining the evidence presented so far, Dr Srem Sai said the prosecution’s case rests on an extensive body of documentation and testimony built by state attorneys and investigators from the Economic and Organised Crime Office.
According to Dr Srem Sai, the prosecution has established without dispute that the GH¢49.1 million originated from a government agency bank account, leaving no contention in court over the source of the funds.
He explained that the principal accused person created a new bank account on the same day the first cheque was issued, registering it under his private company using a name designed to resemble that of a government agency.
The Deputy Attorney General noted that evidence presented to the court shows that three cheques intended for the government agency were subsequently diverted into this private account.
Spending Spree Traced Through Bank Records
The Deputy Attorney General detailed how prosecutors traced the movement of the stolen funds in the months following the diversion. He said evidence before the court shows that within six months, the accused spent every pesewa of the money, purchasing houses in prime locations and luxury cars for himself, his family and friends.
To support these claims, the prosecution tendered purchase receipts, bank statements and ownership documents containing dates, amounts and names, all corroborating the transfers, purchases and payments allegedly made using the diverted funds.
Dr Srem Sai revealed that the accused persons initially denied any knowledge or ownership of certain companies, bank accounts and luxury properties connected to the case, but later admitted ownership when confronted with evidence during the investigation.
He further alleged that the principal accused person misled the public by claiming the GH¢49.1 million had been used to fund political campaigns in 2024, a claim the prosecution disputes based on the financial trail presented in court.
Suspicious Account Flagged by Bankers
According to the Deputy Attorney General, the private bank account used to receive the diverted cheques was eventually closed after the accused’s own bankers flagged it as suspicious, a development he said forms part of the evidentiary record before the court.
He also stated that the cybersecurity equipment the accused claimed to have purchased using the funds was never bought, despite claims to the contrary. Dr Srem Sai alleged that forged purchase receipts were presented in an attempt to conceal the fact that no such equipment had ever been acquired.
“We believe that justice will be served to both the accused persons and our beloved Republic at the end of the day,” Deputy Attorney General said.
Background to the Case
The Republic v Kwabena Adu-Boahene and 2 Others centres on the alleged misappropriation of GH¢49.1 million, equivalent to roughly seven million dollars, originally allocated for a cybersecurity defence software project. The trial is proceeding at Criminal Court 3 of the Accra High Court.
The accused include Kwabena Adu-Boahene, former Director-General of the National Signals Bureau, his wife Angela Adjei Boateng, Mildred Donkor, and Advantage Solutions Limited. The defendants face an 11-count indictment covering conspiracy, stealing, money laundering, using public office for profit, and wilfully causing financial loss to the state.
While the prosecution alleges that state funds meant for cybersecurity software were funnelled into private accounts, lead defence counsel Samuel Atta Akyea maintains that the tracking equipment was successfully purchased and remains in active government use.
The defence has also accused the state of withholding exculpatory evidence, including specific bank statement pages relevant to the case.
Key Legal Milestones So Far
The case has passed through several significant legal stages in recent months. On May 28, 2026, the Court of Appeal unanimously dismissed the defendants’ application to stay the High Court trial, though it granted the defence a partial victory by ordering the Attorney General and EOCO to disclose previously withheld evidence regarding the origin and tracking of the funds.
Days later, on May 31, 2026, High Court Judge Justice Francis Apangabuno Achibonga cautioned Deputy Attorney General Dr Srem Sai after ruling that the prosecution had improperly attempted to influence a witness’s testimony through strategic objections during cross-examination.
By July 3, 2026, Presiding Judge Eugene Nyadu Nyantei rejected a defence application demanding the release of National Security Operational Account details dating back to 1992, ruling them irrelevant to the specific theft charges, and ordered the trial to proceed immediately.
Cross-Examination Raises Currency Dispute
The most recent development occurred on July 15, 2026, during intense cross-examination of the fourth prosecution witness, an EOCO Staff Officer.
Defence counsel Lawyer Atta Akyea challenged the state’s arithmetic, arguing that the historical exchange rate applied to the seven million dollar sum equalled GH¢38.15 million at the time of the transaction, rather than the GH¢49.1 million stated on the charge sheet.
This dispute over currency conversion adds a new layer of contention to the trial, one that could shape how the court assesses the exact scale of the alleged theft as proceedings continue toward the state’s planned closing of its case next week.
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