The Commission on Human Rights and Administrative Justice (CHRAJ) has acknowledged a petition to investigate Eugene Asante Boadi, former Board Chairman of Agricultural Development Bank (ADB). The petition accuses him of high-level extortion and misconduct. This comes after a scandal that led to his removal from both his bank role and traditional chieftaincy.
CHRAJ’s letter, dated December 22, 2025, confirms receipt of the complaint under reference CHRAJ/HDO/2025/378. Signed by Principal Registrar Daniel Afetsi for the Commissioner, it directs an inquiry into conflict of interest, abuse of office, and administrative injustice. The commission will update the petitioners in due course.
The petition comes from Kwahu paramount stool kingmakers, including Nana Simpe Owiredu III (Abene Krontihene) and Nana Asiedu Kwabeng IV (Kwahu Akyeamehene). It details alleged misconduct in 2022, when businessman Collins Darkwah Aboagye sought a GH¢12 million export loan from ADB. Boadi reportedly demanded a GH¢50,000 facilitation fee—paid with witnesses’ present and a GH¢2 million personal loan from the facility. He repaid only $20,000 via a driver and allegedly threatened to dodge the rest.
State and traditional leaders acted quickly. In October 2024, the Bank of Ghana (BoG) found Boadi’s actions damaged ADB’s image. Under Section 103(2)(d) of Act 930, BoG ordered his resignation, which he gave on October 11, 2024.
The Kwahu Traditional Council also investigated. Boadi admitted the claims, begged for mercy, but the Abene Council destooled him as Kwahumanhene on October 24, 2024. On November 17, 2025, he allegedly led armed men in uniform to seize Abene Palace, mishandling Kwahuhemaa Nana Adwoa Gyamfua III. The council called it unlawful and is pursuing legal action.
Kingmakers replaced him with Baffour Akoto Osei from the Etena clan, now Daasebre Akuamoah Boateng III. A chartered civil engineer, he was enstooled on January 25, 2025, and outdoored on March 8, 2025, before chiefs and dignitaries.
The kingmakers want CHRAJ to check if Boadi broke public officials’ conduct codes, if seeking personal gains from clients created conflict, and to probe all monies involved. Filed under Article 218 of the 1992 Constitution and Section 7 of the CHRAJ Act (Act 456), it stresses accountability for integrity and fairness.
Boadi, a 41-year-old chartered accountant, was appointed ADB chair by President Akufo-Addo in August 2021 and served as Kwahu paramount chief from 2017 until destoolment. ADB, a state-owned bank focused on agriculture, faces scrutiny over governance.
CHRAJ’s probe marks a key step in this mix of corporate, public, and traditional issues. The commission can investigate corruption and abuse by officials.