Business News of Monday, 3 August 2026

Source: www.ghanaweb.com

GH¢55m Probe: Court confirms EOCO freeze on Miracles Aboagye's assets

Dennis Miracles Aboagye is the former Executive Secretary of the IMCCoD Dennis Miracles Aboagye is the former Executive Secretary of the IMCCoD

The Economic and Organised Crime Office (EOCO) has reportedly frozen the assets of New Patriotic Party (NPP) stalwart Dennis Miracles Aboagye over the ongoing investigation into corruption allegations against him.

According to a report by TV3, a High Court in Accra confirmed an order by the Economic and Organised Crime Office (EOCO) to freeze the assets of Miracles Aboagye on Monday, August 3, 2026.

“High Court has confirmed an order by the Economic and Organised Crime Office (EOCO) to freeze the assets of Dennis Miracles Aboagye amid ongoing investigations,” the Accra-based media house wrote on Facebook.

According to the Economic and Organised Crime Office (EOCO), Miracles Aboagye was arrested after its officers uncovered significant new findings last week in connection with suspected fraud and theft as part of ongoing investigations into the alleged misappropriation of about GH¢55 million at the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD).

Miracles Aboagye was questioned over alleged GH¢55m theft - Deputy AG

The Office said Miracles Aboagye was already aware of the investigation and had previously appeared before EOCO. He was subsequently placed on a stop order to prevent him from travelling in a manner that could interfere with the investigation.

However, the NPP stalwart denied the allegations, stating that he was only questioned about GH¢5 million.

Meanwhile, the Inter-Ministerial Coordinating Committee on Decentralisation Secretariat has alleged that its former Executive Secretary, Miracles Aboagye, requested the removal of portions of a forensic audit report, including findings relating to a bank account that recorded transactions amounting to GH¢102,256,802.69.

According to a statement issued by the Secretariat on July 27, 2026, Mircales Aboagye requested a meeting held on July 18, 2025, at the office of one of his lawyers.

The meeting was attended by the current Executive Secretary, following an invitation conveyed through the lawyer and a mutual friend.

BAI

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