General News of Thursday, 7 August 2025

Source: www.ghanaweb.com

EOCO is one of the most underfunded security agencies - Raymond Archer

Raymond Archer is Acting Executive Director of the Economic and Organised Crime Office (EOCO) Raymond Archer is Acting Executive Director of the Economic and Organised Crime Office (EOCO)

The Executive Director of the Economic and Organised Crime Office (EOCO), Raymond Archer has issued a stark warning about the agency’s significant underfunding compared to its counterparts.

“EOCO’s budget stands at GH¢110 million, yet we are one of the most underfunded security agencies among our counterparts. Honestly, when I see my colleagues from other agencies, I feel quite sad,” he stated during a press conference on GHOneTV.

He emphasised that increased financial support is crucial for EOCO to enhance its capabilities and effectiveness.

Archer highlighted the urgent need for greater investment in EOCO, stressing that adequate resources are essential to combat financial crimes and organised criminal activities.

“Especially when consulting with some of the more advanced agencies around the world, I believe there is much that these agencies can offer if we pay a little more attention,” he remarked.

He believes that with proper funding, EOCO can significantly improve its operational capacity and contribute more effectively to national security.

The agency continues to face increasing challenges in its fight against complex financial crimes.

Watch video below



NAD/MA

Nana Agradaa's 15-year jail sentence sparks public debate