Accra, Ghana//- An operation led by Ghana’s National Security Officials has led to the arrest of six Indians for trading gold illegally.
Three of them were arrested at Enyinam in the Eastern Region, while the other three were arrested at Adiembra in the Ashanti Region.
Thousands of cedis and hundreds of gold bars, as well as money counting machines, were confiscated during the operation.
Addressing the media on May 14, 2025, at the National Security Secretariat in Accra, Media relations officer of the Ghana GoldBod, Prince Minkah, said the individuals arrested will face the rigours of the law.
According to Prince Minkah, the first batch of foreigners were arrested before the deadline (April 30), hence the individuals arrested will not be prosecuted but will go through the legal process of deportation.
However, he noted that the second batch of foreigners arrested will be prosecuted in court.
“For the second batch, they will go to court and face the law. This is a warning to every foreigner in Ghana, local gold trading is the sole reserve of the GoldBod,” he stated.
National Security Coordinator, DCOP Abdul Osman, told journalists that Ghanaians were involved in illegal gold trading.
According to him, these foreigners used the identities of the Ghanaians to register their companies in order “to evade taxes and hide their faces.”
The GoldBod, in a statement earlier announced that beginning May 1, 2025, all foreigners and individuals have been banned from trading in the local gold market in Ghana.
This means that all other traders in the local gold market cannot deal and be in the gold trading business as the Ghana Gold Board now has the exclusive authority to regulate and control artisanal and small-scale gold mining.
GoldBod stated that any foreigner or individual who wants to continue to be in the trade will have to “apply to the Ghana GoldBod to buy or off-take gold directly from the GoldBod.”
African Eye Report/3news
