Dennis Miracles Aboagye, an aide to the New Patriotic Party’s (NPP) 2024 flagbearer, Dr. Mahamudu Bawumia, has been released from the custody of the Economic and Organised Crime Office (EOCO) after meeting his GH¢50 million bail conditions.

Mr. Aboagye was arrested by EOCO at the Accra International Airport after he returned from a trip abroad.

According to EOCO, the arrest is connected to alleged financial and procurement-related irregularities involving about GH¢55 million during his tenure as Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation (IMCCoD).

The former IMCCoD Executive Secretary was arrested alongside the former accountant of the Secretariat, Gerald Appiah, as part of ongoing investigations into the alleged infractions.

Investigations into the alleged financial and procurement-related irregularities are ongoing, with EOCO expected to take further action based on the outcome of its inquiries.

His release follows concerns raised by his legal team over what they described as stringent bail conditions imposed after his arrest.

Speaking to the media at EOCO’s headquarters after the arrest, lead counsel Samuel Atta Akyea questioned how his client could immediately satisfy the GH¢50 million bail bond, which required three sureties, two of whom had to be justified.

“How is he going to be released? How is he going to post the bail bonds? GH¢50 million, three sureties, two to be justified. How can it be met? Where are you going to find properties worth GH¢50 million and finding it tonight?” Atta Akyea questioned.