Armed National Security team raids former BoG Governor Addison’s home

Armed men numbering about 20 and led by Richard Jakpa, the director of special operations at the National Security Secretariat, have raided the private residence of the former governor of the Bank of Ghana, Dr Ernest Addison, turning it upside down.

The raid, which took place on Wednesday (19 March 2025) in the morning at about 5am, occurred at the Roman Ridge property in Accra.

Dr Addison was at home when the heavily armed men, some in balaclavas, wielding AK-47 semi-automatic rifles, showed up to carry out a search.

Asaase News has gathered that when they arrived, members of the team from National Security immediately disabled the CCTV system at the property.

They then demanded that Dr Addison lead them to the “vaults” in his house. Our source says the former governor, in shock, told them calmly that he had no vaults or any such cache of cash at home.

However, this did not deter the security personnel who, according to eyewitnesses, went ahead allegedly to ransack the house.

No vaults were found, nor were any large amounts of cash found, according to Asaase News sources. After their search, which yielded no results, they decided to take away the Addison household’s CCTV monitor and control unit with them.

Dr Addison, his wife and their whole family are said to be traumatised after the raid, a close associate of the Addison family told Asaase News.

As part of the operation, the raid team drove off with Dr Addison’s Toyota Lexus and Mercedes Benz vehicles to an undisclosed location after overpowering the security detail at the former governor’s house.

A former retired senior official of the central bank, when contacted about the raid, had this to say: “This is the first time in the history of Ghana that such a thing is happening to a governor of the Bank of Ghana. This is both scary and messy,” he said.

It is at least the second time since President John Mahama was sworn into office on 7 January 2025 that Richard Jakpa has led a group of armed men to raid the home of a high-profile former appointee of the erstwhile Akufo-Addo administration.

Ken Ofori-Atta, Ghana’s longest-serving finance minister, was the first such prominent person. His home in Labone, Accra, was also raided by over 15 armed men led by Jakpa on Monday, 10 February 2025.

That raid was captured on CCTV cameras installed at the property, and the footage was subsequently released to the public.

Source: Asaase Radio