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Three suspected gold smugglers arrested by Goldbod Security Taskforce remanded
Three (3) suspected gold smugglers have been arrested by the GoldBod security taskforce.
The three suspects — Goutam Katriya, 35, Miraj Sarvaych, 22, Manash Damani, 42, are Indian nationals who are in the business of trading gold in Kumasi and Accra for Unique MM, a company allegedly owned by one Musah Salifu.
The suspects were arrested at their private residence around Atinga Junction in Kumasi, which has been converted into a gold trading center.
The arrest was based on a tip off from a patriotic whistle blower that the suspects were purchasing gold at “black market” rate for the purpose of smuggling.
The suspects were arraigned before the Achimota Circuit court yesterday and remanded into custody for a period of two (2) weeks.
At a press conference in Accra, the Director of Investigations at National Security, Chief Superintendent Osman Alhassan, disclosed that an amount of 1.9 million cedis, 4,500 rupees, 4.363 kilograms of gold, two counting machines, a CCTV recorder and an Indian passport were found in the possession of the suspects.
Preliminary investigations by National Security so far revealed, that none of the three suspects possess a valid license that allows them to purchase or deal in gold in the country.
The suspects who been dealing in gold in Ghana for over a decade, have not been able to adduce any residence permit or work permit or tax payment records on their business operations.
Additionally, it’s been revealed that Musah Salifu, a Ghanaian, who is alleged to be the sole shareholder of the Unique MM, is only a front for Goutam Katriya, the real beneficial owner and alter ego of the company.
Chief Superintendent Osman Alhassan cautioned both Ghanaians and foreign nationals against violating the provisions of the Ghana Gold Board Act and other laws governing the gold trading sector of the country.
“This arrest is only the beginning of GoldBod’s ruthless war against illegal gold trading and gold smuggling. We know that the arrested suspects smuggle gold through unapproved border points into India. This has serious negative consequences for the Ghanaian economy. We are still gathering intelligence on several illegal gold traders and smugglers. And very soon, we shall take necessary action.” he said.
The suspects are to remain in NIB custody until May 12, 2025, when they are expected to reappear before the court.
In a related matter, the GoldBod has reiterated its directive for all foreigners in the gold trading sector to exit the market by April 30, 2025.
All persons dealing in gold have also been directed to trade in Ghana cedis and at the Bank of Ghana Reference Rate.
A breach of these directive, shall constitute a punishable offense under the GoldBod Act, 2025 (ACT 1140). This was contained in a Press Release issued by the GoldBod dated 23 April, 2025.
Ghanaian music icon, Akwasi Poku Addae, known in Showbiz circles as Kwaisey Pee has honoured his promise to children suffering from cancer.
Ahead of his 25th anniversary event held at the D’ Icon Event Centre at East Legon last year, he made a promise to donate some funds to children suffering from cancer.
True to his word, the musician has recently made a donation of GHC50,000 to the Paediatric Oncology Unit of the Korle-Bu Teaching Hospital.
He told the Ghanaian Times that children are so dear to him, and was optimistic the support would go a long way too impact lives.
The music dynamo also promised that the gesture will not be the last,” it will be a continuous feature from me.”
He also called on Ghanaians home and abroad to lend a helping hand to children suffering from cancer.
According to him, children with cancer have many needs, and a helping hands will go a long way ease the suffering.
“Cancer treatment is very expensive, and leaving that to parents of the children alone, will be a huge burden, with support from you and myself, we can make some changes in other people’s lives,” he concluded.
By Edem Mensah-Tsotorme
A disagreement has emerged between Member of Parliament for Berekum West, Dickson Kyere-Duah, and energy consultant Kwadwo Poku over government funding for Ghana’s participation in the 2026 FIFA World Cup.
The debate centred on government’s decision to budget about 13 million dollars to support the national team, even though FIFA is expected to provide an appearance fee of about 10.5 million dollars if Ghana qualifies for the tournament.
During the discussion on Joys news , Mr Poku questioned why the government should allocate such an amount when FIFA already provides funds to participating countries.
According to him, the appearance fee alone should help cover some of the country’s expenses.
He argued that if FIFA is giving Ghana 10.5 million dollars simply for qualifying for the tournament, it raises questions about the need for the government to appropriate additional funds.
Mr Kyere Duah, however, explained that the government’s allocation was part of advance planning captured in the national budget even before the final qualification results were known.
He noted that the budget for the tournament period was prepared in November 2025, when it was not certain that Ghana would qualify.
He stressed that budgeting does not automatically mean the entire amount will be spent.
According to him, the funds are meant to prepare the team from the start of the competition period until the end of the tournament.
Mr Kyere Duah explained that if the team exits the tournament early, the full amount allocated in the budget will not be used.
Mr Poku maintained that FIFA already provides financial support to teams for participating in the World Cup and insisted that the government must clearly justify additional spending.
The discussion extended to the role of the Ghana Football Association in managing the national teams.
Mr Poku described the association as a private institution and argued that FIFA also operates as a private body that does not allow government interference.
He explained that FIFA provides funds to teams to support their preparation and participation in the tournament.
Mr Kyere Duah, however, maintained that national teams represent the country and require government support to operate effectively.
By: Jacob Aggrey
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