Ghana Court Case Exposes 49.1 Million Cedi Fraud

Ghana Court Case Exposes Alleged 49.1 Million Cedi Fraud: Key Witness Testifies. A court case in Ghana is unfolding, revealing alleged financial misconduct by Kwabena Adu Boahene, former NSB Director-General, his wife, and an associate. A key witness, Edith Ruby Opoku Adumah, the Director of Finance at NSB, testified about the mechanics of transferring large sums of money via checks to a private company account. "He instructed me to write three large checks totaling GH¢49.1 million," Adumah stated, highlighting the lack of transparency in the transactions. The investigation revealed the funds were subsequently used in a "spending spree." The case underscores the importance of transparency and accountability in public finance and the ongoing efforts to combat corruption in Ghana.