Kwabena Adu-Boahene, the former Director-General of the National Signals Bureau (NSB)
An eyewitness in the case against former Director-General of the National Signals Bureau (NSB), Kwabena Adu-Boahene, has cast doubt on the Attorney-General’s claim that the GH¢49.1 million involved equates to a $7 million transaction.
According to a report by asaaseradio.com, the source, whose identity remains confidential, argues that using the government’s exchange rate of GH₵5.45 to the dollar, the amount translates to over $9 million, not $7 million as stated by the A-G.
This, they say, raises concerns about the accuracy of the prosecution’s financial claims.
The source also insists the GH₵49.1 million in question was not part of any dollar-based transaction.
Rather, it was disbursed in cedis as part of special operations funds allocated for specific national security assignments.
This account supports the defence put forward by Adu-Boahene, who maintains that the funds were used for various operational activities, including payments to Members of Parliament and support for election-related engagements, all under the remit of national security.
However, the Attorney-General’s office alleges that Adu-Boahene, his wife, and associates diverted the money for personal enrichment, including the acquisition of real estate and luxury vehicles.
The prosecution contends the funds were meant for a $7 million cybersecurity contract with ISC Holdings Limited, a contract it claims was never executed, leading to charges of stealing, defrauding by false pretences, and money laundering.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.