Mr Dennis Miracles Aboagye, former Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD), has been released from the custody of the Economic and Organised Crime Office (EOCO) after meeting his bail conditions.
A source close to his legal team confirmed that Mr Aboagye had satisfied the GH¢50 million bail requirements imposed by EOCO, paving the way for his release from the anti-graft agency’s holding facility.
Mr Aboagye was arrested after he was intercepted by officials of the Ghana Immigration Service at the Kotoka International Airport following a stop order issued by EOCO.
He was subsequently handed over to EOCO, where he assisted investigators with a search operation linked to allegations of the misappropriation of about GH¢55 million in public funds during his tenure at IMCCoD.
EOCO later preferred six charges against him, including conspiracy to steal, stealing, using public office for profit, causing financial loss to the state, dissipation of public funds and money laundering.
The charges followed a forensic audit into the operations of the IMCCoD Secretariat between August 2022 and February 2025.
His former Accountant, Mr Gerald Appiah, was also arrested in connection with the matter and is reported to have started making voluntary refunds of some of the funds under investigation.
EOCO granted Mr Aboagye bail of GH¢50 million with three sureties, two of whom were required to be justified.
His lawyer, Mr Samuel Atta Akyea, had earlier raised concerns about the difficulty of meeting the bail conditions, describing them as challenging to satisfy.
The release of Mr Aboagye follows heightened political reactions to his arrest, with the New Patriotic Party (NPP) describing the action as politically motivated and calling for his release or prosecution in court.
The National Democratic Congress (NDC), however, has maintained that the investigation is based on findings from an independent forensic audit.
EOCO has stated that the granting of bail or any refunds made by suspects does not bring the investigation to an end or determine criminal liability.
The office is expected to continue its investigations, with attention now turning to whether formal charges will be filed before the court.
