The Attorney General has Mr. Dominic Ayine has issued a strong caution to all banks stating that,” if they see any wire transfers or cash withdrawals on any of the accounts belonging to Mr Adu Boahen and his companies”, the Bank Managers and all their employees who are involved in those transfers will equally be arrested”. The AG named three banks; Fidelity Bank, UMB and Stanbic Bank as the banks that were dealing in substantial financial transactions with the couple.He further stated that failure by any financial institution to comply with this directive would result in legal action against their executives and employees.
Dr Ayine disclosed that authorities had traced substantial amounts of money linked to suspected illicit transactions from Advantage Solutions Limited and BNC Communications Bureau Limited.
“Investigations have also established that money, mostly proceeds of crime from Advantage Solutions Limited and BNC Communications Bureau Limited and other similar sources, have been transmitted under very suspicious circumstances through the bank accounts of these companies,” he revealed.
The Attorney-General Dr Dominic Ayine also said that, investigations had uncovered at least ten companies linked to Mr Adu Boahen and his wife, all of which were allegedly under the control of Advantage Solutions. For purposes of the investigations that are ongoing, we are not going to disclose those companies,” he added.
He further warned executives and employees of these companies against attempting to move any assets, saying, “If they make movement of assets, we will track and arrest them and prosecute them together with the couple.
Dr Ayine also suggested that Mr Adu Boahen may have used his accumulated wealth to acquire foreign citizenship, raising concerns about a potential escape route. His wife’s British passport which has also been in the possession of EOCO.
According to investigators, Mr Adu Boahen possesses two service passports, while the Economic and Organised Crime Office (EOCO) is tracking intelligence suggesting he may also have a foreign passport to his Name.
Written By Adugdaa Awinebuno Joel