Urgent.News

What's breaking now, across thousands of outlets.

Tech

GH¢49.1m cybersecurity software theft case: Money was spent on accused persons, families, and associates

The prosecution urges the High Court to reject a "no case" submission in the GH¢49.1m cybersecurity software theft trial involving former NSB Director-General Kwabena Adu-Boahene.

GH¢49.1m cybersecurity software theft case: Money was spent on accused persons, families, and associates

The prosecution demands a High Court ruling dismissing former National Signals Bureau Director-General Kwabena Adu-Boahene's plea of no case to answer. They allege he, his wife Angela Adjei Boateng, and their company Advantage Solutions Limited stole GH¢49.1 million from BNC funds, with the money spent on the accused, their families, friends, and associates.

Adu-Boahene and Boateng face charges including theft, conspiracy to steal, defrauding the State, and money laundering. Prosecutors claim three cheques totaling GH¢49.1 million were diverted into a private account under the name of a private company, which they assert was controlled by the accused. The prosecution points out discrepancies between the sale contract and invoice provided by the accused and the bureau's records, suggesting the invoices were fraudulent.

The prosecution also alleges that most of the stolen funds were spent on the accused and their associates, reducing the account balance to GH¢683,609.65 by August 3, 2020.

Written by urgent.news from 3News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at 3news.com →

More in Tech

More from Monday 12 October →