The Financial Intelligence Centre (FIC) has frozen all bank accounts associated with Bernard Antwi Boasiako, popularly known as Chairman Wontumi, and his mining company, Akonta Mining, amid allegations of money laundering and financial irregularities.

Sources at the FIC confirmed to TV3 that the action was taken under Section 56(1) of the Anti-Money Laundering Act, 2020 (Act 1044), which empowers the Centre to freeze accounts where there is reasonable suspicion of criminal financial activity.

In a directive circulated to financial institutions, the FIC ordered an immediate halt to all transactions involving Chairman Wontumi, Akonta Mining, and another affiliated company, Hallmark Civil Engineering Limited.

The freeze is to remain in effect "pending further directives," the notice stated.