Ghana Gold Board officials grabbed more than 35 million cedis worth of cash and gold during major raids across four regions. The crackdown targeted illegal gold trading operations that have been bleeding the country dry. Officials worked with National Security teams to bust 17 different criminal networks during 2024. The massive sweep covered Central, Western, Ashanti, and Eastern regions where smugglers had been operating freely. These operations led to multiple arrests and broke up well-organized criminal rings.
The most recent raid happened in Asankragwa where authorities discovered a huge illegal gold trading operation. Ten foreign suspects had turned a private house into their secret gold trading headquarters. Officials seized 1.3 kilograms of gold valued at 1.4 million cedis from the location. They also found 1.3 million cedis in cash and twelve pump-action shotguns. Chinese trading records, casino cards, and calibrating machines were scattered throughout the building.
Managing Director Sammy Gyamfi announced that lenient treatment for foreign criminals has ended completely. The ten suspects face prison sentences between five and 25 years if convicted. All confiscated money and gold will fund development projects in mining communities across Ghana. The seized assets remain locked away in National Security vaults under strict inventory control. Investigations continue to track down local partners and weapons suppliers who helped these criminal networks operate.
The most recent raid happened in Asankragwa where authorities discovered a huge illegal gold trading operation. Ten foreign suspects had turned a private house into their secret gold trading headquarters. Officials seized 1.3 kilograms of gold valued at 1.4 million cedis from the location. They also found 1.3 million cedis in cash and twelve pump-action shotguns. Chinese trading records, casino cards, and calibrating machines were scattered throughout the building.
Managing Director Sammy Gyamfi announced that lenient treatment for foreign criminals has ended completely. The ten suspects face prison sentences between five and 25 years if convicted. All confiscated money and gold will fund development projects in mining communities across Ghana. The seized assets remain locked away in National Security vaults under strict inventory control. Investigations continue to track down local partners and weapons suppliers who helped these criminal networks operate.
