Dennis Miracles Aboagye Assets Freeze: Court Blocks Accounts and Properties in EOCO Probe

The High Court has granted an asset preservation order against former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD), Dennis Miracles Aboagye, as the Economic and Organised Crime Office (EOCO) continues investigations into alleged financial and procurement-related breaches.

 The Dennis Miracles Aboagye assets freeze order places restrictions on his financial accounts and several properties believed to be connected to him, preventing any disposal or transfer of the assets while investigations remain ongoing.

According to the court directive obtained through an application by EOCO, transactions involving five bank accounts linked to Aboagye have been suspended. The order means funds held in the accounts cannot be withdrawn, transferred, or otherwise accessed until further legal action is taken.

The court has also placed restrictions on four landed properties associated with the former IMCCoD official. The properties cannot be sold, leased, transferred, or used as collateral pending the determination of matters before the court.

The affected properties include a seven-bedroom residential property in Larteh, a two-bedroom residential property at Spintex, residential apartments located at Adjiringanor, and approximately 15 acres of land situated at Larteh.

The asset preservation order forms part of EOCO’s wider probe into alleged financial breaches and procurement concerns estimated at about GH¢55 million.

EOCO is examining procurement contracts, financial transactions, and other activities carried out during Aboagye’s tenure as Executive Secretary of IMCCoD to determine whether there were any violations involving public funds.

Asset freezing orders are among the legal tools available to Ghana’s financial and anti-corruption institutions when investigating suspected economic crimes. The measures are designed to preserve disputed assets and prevent possible disposal or concealment while investigations are being conducted.

Responding to the allegations, Dennis Miracles Aboagye has denied any wrongdoing, maintaining that all transactions undertaken during his time at IMCCoD followed due processes and were conducted transparently.

The investigations by EOCO are ongoing, with further legal developments expected as the matter progresses.