In a recent press conference, Mr. Kissi Agyebeng, the Special Prosecutor, announced the discontinuation of investigations into Cecilia Abena Dapaah and handed over the case to the Economic and Organised Crime Office (EOCO).
The decision comes after joint investigations by the Office of the Special Prosecutor (OSP) and the FBI indicated possible money laundering and structuring offenses.
Mr. Agyebeng emphasized that the OSP lacks the mandate to pursue offenses related to money laundering, prompting the transfer of the case to EOCO. The investigations, which initially focused on corruption-related issues, shifted to cross-border and transboundary dimensions, involving collaboration with the FBI.
Despite nearly seven months of extensive investigation, no direct and immediate evidence of corruption in the seized funds and frozen bank accounts linked to Cecilia Abena Dapaah and her associates was found. However, strong indications of suspected money laundering and structuring emerged, leading to the case being handed over to EOCO for further investigation.
The Special Prosecutor highlighted the legal challenges associated with the movement and stashing of large sums of cash, emphasizing the importance of accountability for the lawfulness of the source of such funds. The case involving Cecilia Abena Dapaah has raised questions about the movement of substantial amounts of cash and the potential economic distortions associated with it.