Finance

WATCH how Adu Boahen trumpet his investment experience at 2017 vetting

Charles Adu Boahen

Charles Adu Boahen as of November 14, 2022, was dismissed from his position as Minister of State at the Ministry of Finance, a position he held since early 2021.

His dismissal was contained in a letter from the presidency, citing his indictment in an investigative documentary dubbed ‘Galamsey Economy’ put together by Tiger Eye PI, a firm led by journalist Anas Aremeyaw Anas.

Prior to his last post, Adu Boahen was deputy Finance Minister between 2017 and 2021 assisting embattled Ken Ofori-Atta to run the country’s finances.

His recent woes are allied to comments he made to investigators posing as investors who wanted access to big people in government. Adu Boahen reportedly boasted about his links to the Vice President and how a fee of US$200,000 could get his buy-in.

GhanaWeb footage of his vetting in 2017, captures how Adu Boahen boasted about his investment prowess only for him to travel to the United Arab Emirates in 2018 where he took monies intending to help investors get access to DR. Mahamudu Bawumia.

He told the vetting Committee: “Mr. Chairman, I have over 18 years of experience in the finance industry, fundraising, attracting investments into Ghana through my two companies, I think we have seen over 30 million dollars of investment into Ghana, both in real estate and in other activities.

“Asset management as well, so I think I can understand any of the capital markets, so, based on what my minister would like me to do, I believe I could add value….” he is heard stressing.

Background

Charles Adu Boahen, Minister of State at the Finance Ministry was implicated in the ‘Galamsey Economy’ investigative documentary released by investigative journalist Anas Aremeyaw Anas on November 14.

The now-dismissed minister was captured on tape making comments to the effect that access by investors to Vice President Mahamudu Bawumia could be facilitated at a cost of US$200,000.

Bawumia has dispelled the allegations and insisted that his integrity remains his most cherished asset in life.

“My most cherished asset in life is my integrity and I will not allow anyone to use my name to engage in corrupt activities,” Bawumia said in a post calling for the minister’s dismissal.

President Nana Addo Dankwa Akufo-Addo has since terminated Adu Boahen’s appointment and referred the contents of the investigation to the Office of the Special Prosecutor.

 

Source: www.ghanaweb.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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