The Ghana Police Service has arrested convicted fraudster Eric Afoakwa, known as "Chad". He was apprehended while attempting to leave Ghana, having been a fugitive for seven years.
Mr. Afoakwa was sentenced in absentia in 2019 by the Accra High Court to eight years' imprisonment. The charges included money laundering, defrauding by false pretences, forgery of official documents, and tax evasion. He was also ordered to refund US$132,660 to the complainant.
This arrest highlights Ghana's ongoing battle against financial crime and its commitment to enforcing judicial rulings. The case of Mr. Afoakwa, who evaded justice for a prolonged period, underscores challenges in tracking fugitives involved in significant economic offenses. His conviction in 2019 for the five financial charges reflects the severity of such crimes and their impact on the nation's financial integrity.
The Police statement issued on Sunday, July 6, 2026, confirmed his arrest by the Anti-Armed Robbery Unit. The operation followed a direct order from the Inspector-General of Police (IGP). The Economic and Organised Crime Office (EOCO) had previously declared Mr. Afoakwa wanted and sought public assistance for his capture.
The Police will hand over Mr. Afoakwa to EOCO. This will facilitate the enforcement of the Accra High Court's 2019 judgment. This action demonstrates the government's resolve to prosecute serious financial offenses and ensure accountability, even years after initial convictions. Businesses and investors will closely watch developments as it reinforces Ghana's legal framework against economic malpractices.
The pursuit and capture of high-profile financial criminals like Eric Afoakwa are crucial for maintaining public trust in Ghana's justice system. It also sends a clear message to individuals contemplating similar illicit activities. The successful execution of this arrest after such a long period of evasion may deter future perpetrators. It shows that financial crimes carry long-term consequences regardless of initial escape attempts. This case could signal increased inter-agency cooperation in tackling financial fraud across Ghana.