Finance

EOCO recovers GH¢27.55 million in ten months – Finance Minister

Maame Yaa Tiwaa Addo-Danquah, EOCO boss

The Economic and Organized Crime Office (EOCO) has recovered GH¢27.55 million being proceeds of crime as of the of end September 2022, Finance Minister Ken Ofori-Atta revealed at last Thursday’s 2023 Budget hearing.

The recovered amount which covers a period of ten months is almost double of what was recovered between 2019 and 2021.

According to official figures available, EOCO in 2019 recovered only GH¢4,301,262.79, GH¢4,365,129.69 for 2020, and GH¢6,142,984.01 for 2021.

Speaking to the development on the floor of parliament last Thursday, the Finance Minister said “ Mr. Speaker, the Office, through the Economic and Organized Crime Office (EOCO), recovered an amount of GH¢27.55 million (being GH¢11.14 million direct recovery into the Consolidated Fund and GH¢16.41 million indirect recovery to other institutions) from the proceeds of crime as at end September, 2022”

According to him, the office also investigated 490 cases out of which 19 are being prosecuted.

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“Mr. Speaker, EOCO investigated 490 cases out of which 19 are being prosecuted at various courts. The Office secured one court conviction, and five cases were dismissed. In addition, the Office carried out 55 sensitisation programmes on cybercrimes, 55 on gaming, three outreach programmes on human trafficking and irregular migration. In 2023, EOCO anticipates investigating 450 cases, out of which over 50 cases will be prosecuted. The Office plans to carry out 60 sensitisation programmes on cybercrimes, 55 on gaming, and five outreach.

 

Source: mynewsgh.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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