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 order, issued by the court on Monday, August 3, temporarily bars any transactions involving the identified bank accounts and prohibits the sale, transfer, mortgage or disposal of the four landed properties until further orders are made by the court.
The directive forms part of EOCO’s efforts to preserve assets that may be relevant to its ongoing investigations into alleged financial and procurement-related irregularities.
Miracles Aboagye is currently under investigation over allegations of financial and procurement-related irregularities involving approximately GH¢55 million during his tenure as Executive Secretary of the IMCCoD.
EOCO is examining transactions and procurement processes undertaken during the period in question as part of its efforts to determine whether any financial impropriety occurred.
Under Ghanaian law, investigative bodies such as EOCO may apply to the courts for preservation orders where they believe assets may be connected to suspected economic or organised crime.
Such orders are intended to prevent the movement or disposal of assets before investigations are concluded.
Dennis Miracles Aboagye denied all the allegations levelled against him, maintaining that he has committed no wrongdoing.
He was granted bail in the sum of GH¢50 million with three sureties, pending the outcome of the investigations.
Credit: Citi Newsroom