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GoldBod Taskforce Cracks Down on 10 Chinese gold smugglers in Western Region
In a bold move against illegal gold trading, the Ghana GoldBod Taskforce has made headlines by executing a significant operation in Asankragua, a town in the Western region of Ghana.
The regulatory body apprehended ten Chinese nationals suspected of smuggling gold, marking a pivotal moment in the fight against illicit trade and resource exploitation in the country.
The operation was a meticulous sting, showcasing the commitment and precision of the GoldBod Taskforce.
In all, authorities seized an impressive 1.3 kilograms of gold, valued at approximately GHC1.4 million along with GHC1.3 million in cash and a selection of casino cards.
The materials recovered suggest a potential linkage to organized crime and money laundering activities, raising alarms about the depth of illegal operations within Ghana’s gold industry.
Addressing the media shortly after the bust, Sammy Gyamfi (Esq.), the Chief Executive Officer of GoldBod, expressed the board’s dedication to enforcing the GoldBod Act 1140.
According to him, this critical legislation explicitly prohibits foreigners from engaging in local gold trading, a measure designed to protect Ghanaian miners and bolster the economy.
The CEO emphasized the importance of upholding the law to safeguard the nation’s resources from exploitation.
“Today marks a significant step in our fight against illegal gold trading,” Gyamfi asserted. We will not tolerate any individual or group that seeks to undermine our laws and exploit our resources. The GoldBod Taskforce is here to protect our gold from illegal exploitation, and we will hold accountable anyone who bypasses our regulations,” he said.
He added that this operation signifies a profound shift in Ghana’s stance on illegal gold trading, which has long threatened the nation’s wealth and the livelihoods of countless local miners and businesses.
“The arrest of the Chinese nationals also sends a clear message: the era of unchecked smuggling is coming to an end,” he concluded.
The Chairperson of the Public Accounts Committee (PAC) Abena Osei Asare has expressed concerns about the failure of the Administrator of the Ghana Education Trust Fund (GETFund) Mr. Paul Adjei to honour invitation of the Committee to assist in dealing with abandoned projects cited in the 2024 Auditor-General’s report.
She emphasised that some of the projects have been abandoned for more than 20 years and it kept reoccurring in the Auditor-General’s report yearly, stressing that the GETFund Administrator could assist by prioritising these projects.
However, he has failed to personally appear before the Committee since the commencement of the Committee’s public hearing in the 9th Parliament.
According to the 2024 Auditor-General’s report on Pre-University Educational Institutions, nine (9) Institutions with 16 projects awarded by the GET Fund Secretariat had been abandoned/delayed for a period ranging between three (3) and 28 years.
Some of the affected schools include Adanwomoase Senior High School (Boys and Girls dormitory abandoned for 12 years), Atoa Senior High School (Home Economics Block abandoned for 27 years), Beposo Senior High School (Dinning Hall and Kitchen Complex abandoned for 10 years and lastly KNUST Senior High School (Three storey classroom block abandoned for 20 years).
The Parliamentary Select Committee on Energy continued its oversight responsibilities with a working visit to the National Petroleum Authority (NPA) yesterday.
Chairman of the Committee, Emmanuel Kwasi Bedzrah, said the visit formed part of efforts to familiarize members with the Authority’s operations and to explore ways Parliament could provide the necessary support.
He explained that the NPA’s work is focused on regulating Ghana’s downstream petroleum sector, a critical area for national energy security.
Mr. Bedzrah noted that the Committee is particularly interested in assessing whether the country has adequate petroleum stock to meet demand.
He noted that rising geopolitical tensions, including the ongoing US–Iran conflict, could have adverse effect on Ghana’s energy supply and pricing.
He further disclosed that the Committee intends to engage closely with the Authority on a proposed new petroleum bill.
According to him, a draft of the legislation will be reviewed and possibly presented to Parliament under a certificate of urgency.
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