A law professor at the University of Ghana, Prof. Kwadwo Appiagyei-Atua, has stated that the GH¢50 million bail imposed by the Economic and Organised Crime Office (EOCO) on the Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi Boasiako, popularly known as Chairman Wontumi, is not excessive under the law.
Commenting on the ongoing case on The Big Issue on Channel One TV on Saturday, May 31, Prof. Appiagyei-Atua said the bail amount is within legal bounds and does not appear to violate Wontumi’s rights, given the nature of the allegations against him.
“I am not sure the 50 million cedis that is part of the bail conditions is too onerous. And so in that respect I don’t see anything wrong done by EOCO,” he stated.
Chairman Wontumi, who is being investigated for alleged fraud, money laundering, and other financial crimes, remains in EOCO custody despite fulfilling all bail conditions. His lawyer, Andy Appiah-Kubi, confirmed on Friday, May 30, that the GH¢50 million bail and two justified sureties had been provided.
However, a new legal hurdle has delayed his release. “We encountered some difficulties which will be sorted out on Monday, June 2. We will work towards the desired results,” Appiah-Kubi said, adding that he would stay focused on the legal process.
Prof. Appiagyei-Atua explained that while bail should not be unreasonably burdensome, it must also ensure that suspects do not evade justice or breach the law.
“Of course, the law says that you’re entitled to bail but it shouldn’t be too burdensome or you shouldn’t make it too difficult for the person to come under bail,” he said. “But at the same time, the law also says that it shouldn’t be done in such a way that the person may escape from justice or violate any law when the bail conditions are not appropriate with respect to this particular case.”
Wontumi, is under investigation for money laundering, fraud, and causing financial loss to the state, Deputy Attorney General, Justice Srem-Sai has revealed.
Wontumi is alleged to be involved in financial irregularities linked to the Ghana Export-Import Bank (EXIMBANK).
In a post on X (formerly Twitter) on May 29, Srem-Sai disclosed that Wontumi’s case goes beyond local infractions, revealing a second, ongoing probe connecting him to a suspected international organised crime ring.
Read also…..
