The Economic and Organised Crime Office EOCO has hinted on a planned initiative to closely monitor the lifestyle of celebrities and individuals suspected of possessing inexplicable wealth.
The initiative, according to the Economic and Organised Crime Office Act, 2010 (Act 804), seeks to investigate unexplained wealth; those unable to substantiate their source of wealth may face legal action.
EOCO has indicated that the audits will target individuals whose lifestyles, characterized by luxury cars, properties, and extravagant spending, seem at odds with their reported sources of income.
“Legal action may be taken against individuals who are unable to substantiate the legitimacy of their fortune,” a reliable source from EOCO revealed
“The law grants us the authority to investigate, seize, or prosecute individuals who are involved in financial crimes or who possess assets that were obtained through illicit means.”
The initiative is expected to begin in November and the target audience for this exercise include politicians, musicians, influencers and high profile personalities with unjustified wealth.
The lifestyle audit is an integral component of Ghana’s comprehensive initiative aimed at enhancing accountability, fostering transparency, and mitigating corruption within both public and private sectors.
