The Ghana Gold Board (GGB) has apprehended 25 individuals suspected of engaging in illegal gold trading activities in the country. The arrests followed weeks of intelligence-led surveillance by the Board in collaboration with law enforcement agencies. The operation targeted two key locations in Accra: Dome Pillar 2 and Achimota-Akweteman, with raids conducted on November 5 and 6, 2025.
Richard Nunekpeku, Deputy CEO of the Ghana Gold Board, disclosed at a press briefing in Accra on Monday, November 10, that the first operation at a jewellery shop in Dome Pillar 2 led to the arrest of five suspects, including four Indian nationals and one Ghanaian.
The arrests were made in violation of Section 23(1) of the Criminal Offences Act, 1960 (Act 29) and Sections 26(3) and (5) of the Gold Board Act, 2025 (Act 1140). Confiscated items included 26 GRA moissanite emerald stones, 19 rings suspected to be gold, six pieces of 10-karat yellowish metals, multiple mobile phones, a CCTV decoder, and a locked metallic safe.
In a separate raid at Legend Precious Metals in Achimota-Akweteman, 20 additional suspects—comprising Ghanaian and foreign nationals from Belarus, the United Kingdom, the United States, Argentina, Sweden, and Russia—were arrested.
Authorities recovered eight gold bars, $112,500 in foreign currency, GH₵64,014 in local currency, and various documents, including sales agreements, assay reports, and receipts.
The GGB also discovered unlicensed firearms in the possession of some suspects, which were immediately confiscated. Nunekpeku emphasized that the arrests are part of ongoing efforts to curb illegal gold trading, smuggling, and unlicensed assaying in Ghana. The Board remains committed to enforcing the Gold Board Act and ensuring that all gold-related activities are conducted legally, transparently, and in line with national and international regulations.
These operations highlight the Ghanaian government’s determination to protect the integrity of the country’s gold sector, safeguard revenues, and strengthen compliance among traders and assayers across the nation.
