Deputy Attorney General Justice Srem-Sai has confirmed that Ashanti Regional NPP Chairman, Bernard Antwi Boasiako, popularly known as Chairman Wontumi, is under investigation for money laundering, fraud, and causing financial loss to the state.

In a post on X (formerly Twitter) on May 29, Srem-Sai disclosed that the investigation follows Wontumi's arrest on Tuesday, May 27, after he honoured a summons by the Criminal Investigations Department (CID) of the Ghana Police Service.

Wontumi is alleged to be involved in financial irregularities linked to the Ghana Export-Import Bank (EXIMBANK).

Although he has since been granted bail by the Economic and Organised Crime Office (EOCO), the bail conditions-which include two justified sureties-are yet to be fully met.