Sammy Gyamfi
In a significant breakthrough in the fight against illegal gold trading, the Ghana GoldBod Taskforce has arrested 10 Chinese nationals suspected of smuggling gold in Asankragua, Western Region.
The operation, which was carried out with precision and commitment, resulted in the seizure of 1.3 kilograms of gold valued at approximately GH₵ 1.4 million, GH₵ 1.3 million in cash, and a selection of casino cards.
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. 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.”
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.