Skip to main content

FBI probes Cecilia Dapaah over assets, financial transactions

 


The Office of the Special Prosecutor (OSP) and the Federal Bureau of Investigation (FBI) in the United States of America have initiated concurrent investigations into the activities of former Sanitation Minister, Cecilia Abena Dapaah and her associates.

The OSP in a post on ‘X’ formerly Twitter on Wednesday indicated that “These investigations primarily focus on examining their assets and financial transactions within the United States of America.”

According to the OSP, the collaborative effort is to ascertain the lawfulness of Ms Dapaah and her associates’ wealth, “both in the context of their funds transitioning from Ghana to the United States and vice versa.”

Dapaah came into the limelight in July when it emerged that two of her house helps were before an Accra Circuit Court, for allegedly stealing monies and items running into millions of Ghana Cedis.

She subsequently resigned from her position on July 22, 2023, after intense calls from the public.

Meanwhile, the former Sanitation Minister has filed an interlocutory injunction application against the Office of the Special Prosecutor (OSP) in an attempt to stop the Office from investigating and prosecuting her and her husband, Daniel Osei Kufuor on charges of suspected corruption and corruption-related offences.

Courts documents available to citinewsroom.com indicate that the former Minister is also praying the court to compel the OSP to unfreeze her bank accounts.

She is praying the court to also declare the reseizure of monies found in her Abelemkpe residence and the refreezing of her bank accounts as unfair and capricious.

“A Declaration that the Respondent’s re-seizure of the money (initially seized from the Applicant’s home on 24/07/23) and re-freezing of Applicant’s bank accounts respectively on 5th September 2023 is unfair, unreasonable, capricious, arbitrary, and ultra vires the Respondent’s statutory powers under Act 959 relative to the constitutional provisions of Articles 23 and 296 of the Constitution, 1992.”

Madam Dapaah’s lawyers are also seeking the court to issue “an Order prohibiting the Respondent from continuing the investigation of the Applicant and her husband for corruption or corruption-related offences.”

Court documents filed by the Office of the Special Prosecutor (OSP) in September disclosed that Madam Dapaah used aliases to conceal transactions from undeclared real estate business and other transactions to justify the reseizure and refreezing of her bank account.

But the former Minister described the claims as misleading.

 

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of