High Court freezes 5 bank accounts, 4 properties of Miracles Aboagye
The High Court has ordered the freezing of five bank accounts and four landed properties belonging to former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD), Dennis Miracles Aboagye, as part of an ongoing investigation by the Economic and Organised Crime Office (EOCO).
The court’s order temporarily prevents any transactions involving the five accounts and bars Aboagye from selling, transferring, mortgaging or otherwise disposing of the four properties until further orders are issued.
The preservation order forms part of EOCO’s efforts to safeguard assets that could be linked to its investigation into alleged financial and procurement irregularities.
Aboagye is being investigated over alleged financial and procurement-related infractions involving about GH¢55 million during his tenure as Executive Secretary of the IMCCoD.
EOCO is reviewing transactions and procurement activities carried out during the period to establish whether any financial wrongdoing occurred.
Under Ghanaian law, investigative agencies such as EOCO can seek court orders to preserve assets suspected of being connected to economic or organised crime. Such measures are intended to prevent the assets from being transferred or disposed of while investigations are ongoing.
Aboagye has denied all allegations against him and insists that he has committed no wrongdoing.
He was subsequently granted bail in the amount of GH¢50 million, with three sureties, pending the conclusion of the investigations.
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