The Economic and Organised Crime Office (EOCO) has arrested Dennis Edward Aboagye, the former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralization (IMCCoD). This arrest relates to an ongoing investigation into alleged financial irregularities at the Secretariat, totaling about GHS 55 million. Mr. Aboagye was apprehended at the Kotoka International Airport on Sunday morning.
EOCO officials picked up Mr. Aboagye after the Ghana Immigration Service enforced a Stop Order placed on him a week earlier. He is being investigated alongside Gerald Appiah, the former IMCCoD Accountant, for suspected misappropriation, misapplication, diversion, and theft of public funds. The probe aims to uncover the extent of these financial misconducts.
This investigation began last year following a forensic audit of IMCCoD, covering the period from August 1, 2022, to February 2, 2025. The current Executive Secretary of IMCCoD also submitted a petition requesting further investigations into the financial activities. Such high-profile cases of alleged corruption impact public trust and draw attention to the need for robust financial oversight in government bodies, affecting Ghana's broader economic integrity.
EOCO stated that the suspects are being probed for conspiracy to steal, stealing, using public office for profit, causing financial loss to the State, dissipation of public funds, defrauding by false pretences, and money laundering. These charges highlight the serious nature of the allegations. Mr. Gerald Appiah has already started refunding some of the funds connected to the crimes under investigation, though EOCO insists this does not conclude the investigation or absolve him.
New findings last week linked Mr. Aboagye to suspected fraud and theft, prompting EOCO to initiate an operational plan for his arrest. Despite having traveled out of the country, he was arrested upon his return and handed over to EOCO. He later assisted investigators in a search exercise, which is expected to continue. EOCO confirmed that Mr. Aboagye will be granted bail in line with constitutional provisions, and Mr. Appiah is also expected to complete his bail conditions soon.
The agency emphasized its commitment to conducting investigations professionally, impartially, and strictly within the law. EOCO will continue to respect the rights of all persons under investigation while working to recover public assets. This commitment to due process and asset recovery is crucial for maintaining confidence in Ghana's legal and financial systems. The outcome of this investigation will be closely watched by the public and financial markets, as it could signal increased scrutiny of public sector finances and accountability measures.
Financial irregularities in public offices can deter foreign investment and impact economic stability. Recovering public funds is vital for national development projects. This case underscores the government's efforts to combat corruption and ensure responsible management of state resources. The focus remains on transparent and lawful proceedings.