Ghana's Deputy Attorney-General and Minister of Justice, Dr. Justice Srem-Sai, has confirmed that Chairman Wontumi is currently under investigation for several serious criminal offences, including fraud, money laundering, and causing financial loss to the state.

According to Dr. Srem-Sai, authorities are conducting a dual-track approach to the case, with criminal investigations proceeding simultaneously with efforts to recover assets. This strategy aims to prevent the suspected proceeds of crime from being dissipated while the investigation continues.

"The criminal investigation is running concurrently with asset recovery efforts," the Deputy Attorney-General stated, highlighting the government's determination to both prosecute alleged wrongdoing and secure any illicitly obtained assets.

Chairman Wontumi, whose real name is Bernard Antwi Boasiako, is a prominent figure in Ghana's business and political landscape. He serves as the Ashanti Regional Chairman of the New Patriotic Party (NPP) and owns several businesses across the country.

The investigation represents a significant development in Ghana's ongoing efforts to combat corruption and financial crimes. The charges being investigated are particularly serious, with money laundering and causing financial loss to the state carrying substantial penalties under Ghanaian law.

While details of the specific allegations remain limited, the Deputy AG's statement confirms that the investigation has reached a stage where authorities are actively working to secure potentially criminal assets.

The case continues to develop, with further details expected as the investigation progresses. Neither Chairman Wontumi nor his representatives have issued a public response to the allegations at this time.