Former Director-General of Ghana’s National Signals Bureau (NSB), Mr. Kwabena Adu-Boahene, and his wife, Angela Adjei-Boateng, are at the center of an expansive investigation over the acquisition of high-value properties in Ghana and abroad. According to Attorney General Dr. Dominic Ayine, multiple estates and assets tied to the couple may have been purchased with funds linked to misconduct during Mr. Adu-Boahene’s tenure at the intelligence agency.
Properties Acquired in Prime Locations
The Attorney General’s office detailed several luxury real estate transactions linked to Mr. Adu-Boahene and his wife. These properties are primarily located in the affluent Mayfair Estates in LA, Accra:
- No. 2 Stream Part Drive – A $1,000,000 deposit (equivalent to approximately GHS15 million) was made for this property. Documentation including deposit slips and receipts has been obtained.
- No. 6 Edith Avenue – A deposit of $500,000 was recorded.
- No. 7 Edith Avenue – A $200,000 deposit was made for this asset.
- No. 8 Edith Avenue – A $97,815 deposit was tracked, with suspicions of further cash payments to finalize the acquisition.
- No. 9 Edith Avenue – A $270,000 deposit was identified.
- No. 10 Edith Avenue – A recorded deposit of $150,000 was made for this estate.
Each of these properties is situated in a high-end residential enclave, suggesting a level of wealth inconsistent with the official earnings associated with Mr. Adu-Boahene’s public service role.
Vertex Properties and Additional Holdings
The investigation has also linked Mr. Adu-Boahene to Vertex Properties, a real estate firm allegedly used to channel proceeds from questionable transactions. Vertex Properties is reportedly the owner of 27 houses located in Oyarifa, a fast-developing suburb of Accra. Each unit in the estate is estimated to be worth $295,000, bringing the total value of this single holding to nearly $8 million.
These findings raise questions about the funding sources used by the Adu-Boahene family to finance such extensive acquisitions. With Vertex Properties reportedly under the control or influence of the former NSB boss, investigators believe the company may have served as a conduit for laundering state funds.
Overseas Properties and International Reach
In addition to the extensive domestic portfolio, authorities have traced at least two properties owned by the couple in London. While the specific locations and values of these assets have not yet been disclosed, their existence underscores the cross-border nature of the investigation. Ghanaian authorities are expected to collaborate with their international counterparts to uncover financial trails and pursue asset recovery.
Official Remarks from the Attorney General
During a press briefing held in Accra, Attorney General Dr. Dominic Ayine confirmed that the magnitude of assets acquired by Mr. Adu-Boahene and Angela Adjei-Boateng far exceeds what could be reasonably explained through their declared incomes.
“The proceeds from the suspects’ activities were used to buy significant landed properties and other assets of considerable value both in Ghana and elsewhere,” Dr. Ayine stated. He stressed that the investigation aims not only to expose misappropriation but to recover misused public funds and prosecute those involved.
The Attorney General’s office is currently tracing the financial flows and ownership structures associated with both domestic and foreign acquisitions. Forensic accountants are reportedly combing through bank statements, real estate contracts, and company registration documents to build a comprehensive financial profile.
Family and Financial Profile
Mr. Kwabena Adu-Boahene, whose age is believed to be in his mid-60s, is married to Angela Adjei-Boateng. The couple has been living a high-profile lifestyle, with properties and vehicles reportedly linked to their names. Despite serving in a government role where earnings are capped and closely scrutinized, their amassed wealth and real estate portfolio indicate a significant discrepancy that investigators are working to reconcile.
While exact net worth figures are still being calculated, the combined value of their known properties in Ghana exceeds $10 million. This figure excludes the London assets and other potential investments that are still under review.
Legal Outlook and Asset Recovery
The case involving Mr. Adu-Boahene and his wife is one of the most high-profile financial misconduct investigations currently underway in Ghana. Legal experts expect the matter to result in asset seizures and possible criminal charges if conclusive evidence of embezzlement or illicit enrichment is established.
Investigative agencies are reportedly preparing to seek court orders for freezing bank accounts, placing liens on properties, and initiating extradition-related processes if necessary. Authorities have made clear their intent to recover any state resources siphoned during Mr. Adu-Boahene’s leadership at the NSB.
Public Accountability and Government Response
The Ghanaian public has responded with growing concern over the scale of alleged corruption revealed in this case. Advocacy groups and anti-corruption watchdogs are calling for expedited proceedings and transparency throughout the investigative process.
The government’s aggressive posture on this case is viewed by many as a litmus test for the broader anti-corruption campaign currently being waged across various sectors. Dr. Ayine emphasized that no individual—regardless of their rank or former status—is above the law.