News
Attorney-General Ayine reports EOCO recovery of US$15.19 million in hidden virtual assets
The Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine, has announced that the Economic and Organized Crime Office has successfully used Ghana’s local laws to freeze and recover virtual assets hidden in foreign jurisdictions, amounting to US$15,191,730.13.
Dr Ayine made this known at the Government Accountability Series, where he briefed the media on what he described as a groundbreaking investigation into an international online investment fraud scheme.
He explained that the recovery followed a complex investigation by the Economic and Organized Crime Office into a criminal network made up largely of Chinese and Malaysian nationals who targeted Ghanaian and British citizens through fraudulent online investment platforms.
According to the Attorney General, the syndicate operated through a Ghanaian registered company that presented itself as a legitimate e commerce and online trading business.
Victims were made to pay registration fees and buy investment packages, with promises of high returns, while payments were made through mobile money, cash and cryptocurrencies.
Dr Ayine stated that EOCO investigators traced the proceeds of the crime through cryptocurrency wallets using advanced blockchain analysis tools.
The investigations led to the identification and freezing of wallets hosted on an offshore crypto exchange platform, following cooperation with international partners.
He noted that EOCO obtained orders from the High Court directing the transfer and conversion of the seized virtual assets into fiat currency and the payment of their dollar value into EOCO’s exhibit account.
As a result, he disclosed that on November 19, 2025, the recovered crypto assets were successfully converted and paid into the account in the total amount of US$15,191,730.13.
The Attorney General explained that part of the recovered funds would be used to compensate victims of the fraud, while the remaining amount would be paid into the public purse.
He stressed that the operation showed that Ghana could apply its domestic laws effectively to track, freeze and recover digital assets concealed outside the country, describing the achievement as a major step forward for law enforcement on the African continent.
Dr Ayine revealed that EOCO had exceeded its 2025 recovery target of US$200 million, with total recoveries now standing at about US$337.4 million, the highest in the history of the office.
He attributed the success to strong institutional leadership, effective collaboration with international partners and the support of President John Dramani Mahama, adding that the results demonstrated that state institutions could deliver when given the needed backing.
The Attorney General assured the public that investigations were still ongoing and that his office would continue to account to Ghanaians while ensuring that recovered proceeds of crime were properly managed under the law.
By: Jacob Aggrey
Ghanaian cinema continues to break boundaries as Vibes The Movie has received an official nomination at the prestigious Toronto International Nollywood Film Festival (TINFF) in Toronto.
This latest international recognition is another proud moment for Ghana and a powerful testament to the creativity, originality, and global appeal of Ghanaian storytelling.
Directed by Big Ghun and starring Jeffrey Nortey, Vibes The Movie evolved from the hugely successful social media series, where the beloved characters Obolo Tui and Lil Pui captured the hearts of millions with their unique blend of rap, comedy, and relatable stories about the everyday struggles and ambitions of Ghanaian youth.
The film has already brought honour to Ghana on the international stage, most recently winning an Outstanding Achievement Award at the American Motion Pictures Festival in the United States.
The Chronicle noted that the film was recognized for its originality, craftsmanship, and storytelling impact among a competitive pool of global entries.
Now, with a nomination at TINFF in Canada, Vibes The Movie continues its remarkable journey from the streets of Accra to some of the world’s most respected film platforms.
The nomination underscores the growing global appreciation for authentic African stories and confirms that Ghanaian filmmakers are making a significant mark in international cinema.
As Vibes The Movie flies the Black Star high in Toronto, Ghana celebrates yet another cultural achievement that showcases the country’s talent, resilience, and storytelling excellence to the world
A prominent member of the ruling New Patriotic Party (NPP) has broken silence on the deep-seated internal machinations within the party, warning that the continuous victimization of members could severely jeopardize unity ahead of the general elections.
In a post on the party’s internal democratic processes, the former National Entrpreneurship and Innovation Programme (NEIP) boss, Kofi Ofosu Nkansah revealed how personal ambitions were stifled by party elites in the Asante Akyem Central constituency, despite overwhelming grassroots support.
According to the aggrieved party member, the decision to run for the parliamentary seat was not a self-serving agenda but a direct response to a call to service by the local constituents.
“My Asante Akyem Central people loved my politics and approached me to come and serve them as MP,” he stated.
He added that “But my own party elders blocked me and supported the incumbent MP to cheat through the system as if I was an outsider.”
The unfair playing field he revealed led to a massive financial distress. The stalwart disclosed incurring massive debts across two consecutive primary election cycles, alongside other personal challenges.
Despite the systemic sabotage, Kofi Ofosu Nkansah noted that he remained loyal, continuously defending both the NPP party and the government’s policies at all levels.
“Seeing what’s going on in the current polling station elections in several constituencies, it seems not much has changed,” he warned.
“The victimization of those who want to challenge current or former MPs should stop,” he stated.
With the general elections approaching, he cautioned,”You don’t treat party people anyhow and expect unconditional unity for the general elections.”
By Edem Mensah-Tsotorme
