Private legal practitioner Martin Kpebu has called on the Economic and Organised Crime Office (EOCO) to investigate the alleged transfer of GH¢52.5 billion from the government’s GCB account to unknown accounts in 2020.

Speaking on TV3’s Key Points show on February 14, 2026, Kpebu said the incident, which allegedly occurred close to the 2020 general election, requires a thorough probe.

“We are looking forward to EOCO going into the GH¢52.5 billion that moved from GCB to unknown accounts in 2020, close to the elections,” he stated.

He added that answers must be found to clarify whether the previous administration used the funds to finance the election or for another purpose.

Explain transfer of GH¢52.5 billion to unknown account in 2020 - A-G told

“So the questions we are asking are: did the previous administration use that money to finance the election? If not, why is Johnson failing to give the report more than five years on? In December 2024, he said he would come out with a report on where the money went, five years,” Kpebu said.

Reports indicate that in 2020, GH¢52.5 billion, equivalent to about US$9 billion at the time, was allegedly transferred from the government’s account at GCB to unknown sources.

However, the bank stated in December 2020 that a circulating letter on social media claiming the transfer was forged, denying that any unauthorised transactions had occurred.

In August 2023, chartered accountant Mike Kofi Afflu petitioned the Public Accounts Committee (PAC), seeking answers on who authorised the transaction and who received the funds.

We are looking forward to EOCO going into the GHS52.5 that moved from GCB to unknown accounts in 2020. - Lawyer Martin Kpebu #TheKeyPoints #TV3GH pic.twitter.com/uaav71gGdB

— #TV3GH (@tv3_ghana) February 14, 2026