High Court Freezes Dennis Miracles Aboagye’s Assets as EOCO Intensifies GH¢55m IMCCoD Probe

Ghana’s anti-financial crime investigations have entered a significant new phase after an Accra High Court ordered the freezing of five bank accounts and four landed properties linked to former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD), Dennis Edward Aboagye, widely known as Dennis Miracles Aboagye.

The court order, secured by the Economic and Organised Crime Office (EOCO), is intended to preserve assets while investigators examine the alleged misappropriation of approximately GH¢55 million in public funds. The investigation centres on suspected fraud, theft and procurement-related irregularities during Mr Aboagye’s tenure at the decentralisation agency.

The asset freeze follows Mr Aboagye’s arrest at Kotoka International Airport on 12 July, when immigration officials detained him upon his arrival in Ghana before handing him over to EOCO for questioning. He was later released pending the continuation of investigations.

EOCO said the decision to arrest the former official was based on new evidence uncovered during the investigation. The agency stated that although Mr Aboagye had previously cooperated with investigators by honouring invitations for questioning, a stop order had been placed on him to prevent travel that could undermine the ongoing probe.

Investigators have described the asset preservation order as part of broader efforts to safeguard any property that could become relevant should criminal proceedings or asset recovery measures arise from the investigation.

The anti-graft agency has also confirmed the arrest of the committee’s former accountant, Gerald Appiah, as it widens inquiries into the alleged loss of public funds.

The case represents one of the latest high-profile financial crime investigations involving former public officials and is expected to remain under close scrutiny as EOCO continues its examination of financial records, procurement transactions and the movement of public funds linked to the IMCCoD.