High Court freezes Miracles Aboagye’s assets as EOCO probes alleged GH¢55m scandal

Former New Patriotic Party (NPP) spokesperson Dennis Miracles Aboagye has had five bank accounts and four landed properties frozen after the Accra High Court granted an application by the Economic and Organised Crime Office (EOCO) as part of ongoing investigations into alleged financial and procurement-related irregularities involving about GH¢55 million.

The court order, issued on Monday, August 3, bars any transactions on the identified bank accounts and prohibits the sale, transfer, mortgage or disposal of the four properties until further orders are made.

The preservation order was granted to enable investigators to secure assets that may be relevant to the case while EOCO continues its probe into transactions and procurement activities undertaken during Mr. Aboagye’s tenure as Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD).

EOCO is investigating allegations that approximately GH¢55 million may have been involved in financial and procurement-related irregularities during the period he headed the committee. The investigation is expected to determine whether public procurement procedures and financial management processes were properly followed.

The latest development follows Mr Aboagye’s arrest after he honoured an invitation from EOCO in connection with the investigation. He was questioned by investigators before being granted bail in the sum of GH¢50 million with three sureties pending the outcome of the probe.

Mr. Aboagye has denied all allegations against him, insisting he committed no wrongdoing during his tenure and has pledged to cooperate fully with investigators.

Under Ghana’s legal framework, investigative agencies including EOCO may seek preservation orders from the courts to prevent assets suspected to be linked to economic or organised crime from being moved, transferred or disposed of while investigations are ongoing.

The investigation remains active as EOCO continues to examine financial records, procurement documents and other relevant evidence.