• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Monday, November 10, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Angry Otumfuo surmmons Sabronum Chiefs over Galamsey

    Asantehene sets final mediation session for Bawku chieftaincy conflict on November 30 and December 1

    Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

    Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

    Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

    Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

    Love vs. Work: Baffoe-Bonnie chose his wife over his badge

    Love vs. Work: Baffoe-Bonnie chose his wife over his badge

    NPP committed to Ghana’s peace and stability – Justin Kodua

    NPP raises constitutional concerns over nomination of Justice Baffoe-Bonnie as Chief Justice

    Prof. Ameyaw-Akumfi urges NPP to shift focus from rallies to grassroots campaigns

    Trial of Ex-GIIF Prof. Ameyaw-Akumfi, Asamoah over $2M Sky Train financial loss begins

    We need a Police post to fight crime and boost security -Akokoa Chief

    We need a Police post to fight crime and boost security -Akokoa Chief

    Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

    Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

    Gbiniyiri Conflict: Yagbonwura Demands Cleansing Rites as Lobi-Birifor Elders Apologise

    Gbiniyiri Conflict: Yagbonwura Demands Cleansing Rites as Lobi-Birifor Elders Apologise

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Angry Otumfuo surmmons Sabronum Chiefs over Galamsey

    Asantehene sets final mediation session for Bawku chieftaincy conflict on November 30 and December 1

    Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

    Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

    Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

    Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

    Love vs. Work: Baffoe-Bonnie chose his wife over his badge

    Love vs. Work: Baffoe-Bonnie chose his wife over his badge

    NPP committed to Ghana’s peace and stability – Justin Kodua

    NPP raises constitutional concerns over nomination of Justice Baffoe-Bonnie as Chief Justice

    Prof. Ameyaw-Akumfi urges NPP to shift focus from rallies to grassroots campaigns

    Trial of Ex-GIIF Prof. Ameyaw-Akumfi, Asamoah over $2M Sky Train financial loss begins

    We need a Police post to fight crime and boost security -Akokoa Chief

    We need a Police post to fight crime and boost security -Akokoa Chief

    Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

    Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

    Gbiniyiri Conflict: Yagbonwura Demands Cleansing Rites as Lobi-Birifor Elders Apologise

    Gbiniyiri Conflict: Yagbonwura Demands Cleansing Rites as Lobi-Birifor Elders Apologise

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home Business

GoldBod and National Security team seize gold, cash in operation against illegal traders

Kumasi Mail by Kumasi Mail
May 14, 2025
in Business
0
GoldBod and National Security team seize gold, cash in operation against illegal traders
Share on FacebookShare on Twitter

The Ghana Gold Board (GoldBod), in collaboration with National Security officials, has successfully arrested six Indian nationals involved in illegal gold trading across two regions in Ghana.

Three suspects were apprehended in Enyinam, Eastern Region, while the other three were arrested in Adiembra, Ashanti Region.

The operation, led by National Security Coordinator DCOP Abdul Osman, resulted in the seizure of thousands of Ghanaian cedis, hundreds of gold bars, and money counting machines.

At a press briefing on May 14, 2025, at the National Security Secretariat in Accra, Prince Minkah, Media Relations Officer of GoldBod, stated that those arrested would face legal action.

He clarified that a first batch of foreign nationals arrested before the April 30 deadline would be deported rather than prosecuted, but the latest group would be prosecuted in court.

He explained “But the latest bust which has occurred, for them they will face the full rigours of the law. Per the arrest and what we got to know, with them were golds, money counting machines and some cedis as well and these things have been confiscated.

“For the second batch, they will go to court and face the law. This is a warning to every foreigner in Ghana, local gold trading is the sole reserve of the GoldBod,” Minkah emphasized.

The Ghana Gold Board Act, 2025, which came into effect on May 1, bans all foreigners and unauthorized individuals from trading in the local gold market. Traders must now apply to GoldBod to buy or off-take gold directly, ensuring tighter regulation of artisanal and small-scale gold mining.

Source: www.kumasimail.com / Kwadwo Owusu

Tags: arrested six IndianGhana Gold Board (GoldBod)involved in illegal gold tradingNational Security officialstopstory
ShareTweetSend
Previous Post

Abubakar Sidiq unanimously confirmed as MCE for Old Tafo Assembly

Next Post

Police arrest key suspect in Kumasi drug hub following Interior Minister’s directive

YOU MAY LIKE

MTN Group Executives Push for Broader Partnerships to Boost Digital Inclusion in Africa
Business

MTN Group Executives Push for Broader Partnerships to Boost Digital Inclusion in Africa

BoG Governor urges shift from transactional to transformational U.S.–Africa trade
Business

Bank of Ghana outlines regulatory framework for virtual assets and service providers

Inflation drops by 2.8%  points in May 2025
Business

Ghana’s inflation falls to 8.0% in October — lowest in four years

Parliamentary Approval Key to Kickstarting Ghana’s First Lithium Mine – Atlantic Lithium GM
Business

Parliamentary Approval Key to Kickstarting Ghana’s First Lithium Mine – Atlantic Lithium GM

CompuGhana Launches Cashback Sales Festival to Reward Loyal Customers
Business

CompuGhana Launches Cashback Sales Festival to Reward Loyal Customers

Next Post
Police arrest key suspect in Kumasi drug hub following Interior Minister’s directive

Police arrest key suspect in Kumasi drug hub following Interior Minister’s directive

Galamsey activities: 28 out of 41 illegal miners released, 13 to stand trial

Galamsey activities: 28 out of 41 illegal miners released, 13 to stand trial

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

Angry Otumfuo surmmons Sabronum Chiefs over Galamsey

Asantehene sets final mediation session for Bawku chieftaincy conflict on November 30 and December 1

Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

Love vs. Work: Baffoe-Bonnie chose his wife over his badge

Love vs. Work: Baffoe-Bonnie chose his wife over his badge

NPP national youth wing slams Mahama over alleged plans to cancel Nursing and Teacher Trainee allowances

NPP Youth wing urges President Mahama to declare state of emergency on Galamsey

Hearts of Oak condemn post-match incident, apologize to GFA and fans

Hearts of Oak condemn post-match incident, apologize to GFA and fans

NPP committed to Ghana’s peace and stability – Justin Kodua

NPP raises constitutional concerns over nomination of Justice Baffoe-Bonnie as Chief Justice

Prof. Ameyaw-Akumfi urges NPP to shift focus from rallies to grassroots campaigns

Trial of Ex-GIIF Prof. Ameyaw-Akumfi, Asamoah over $2M Sky Train financial loss begins

We need a Police post to fight crime and boost security -Akokoa Chief

We need a Police post to fight crime and boost security -Akokoa Chief

Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

Gbiniyiri Conflict Mediation Committee Meets Yagbonwura to Push for Dialogue and Peace

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
Angry Otumfuo surmmons Sabronum Chiefs over Galamsey

Asantehene sets final mediation session for Bawku chieftaincy conflict on November 30 and December 1

Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

Baffoe-Bonnie Fires Back: ‘My 2013 vote isn’t my ticket to Chief Justice’

Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

Manhyia Palace reclaims 130 priceless gold and bronze artifacts from South Africa and Britain

Love vs. Work: Baffoe-Bonnie chose his wife over his badge

Love vs. Work: Baffoe-Bonnie chose his wife over his badge

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com