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Home»General»Gold Board to launch taskforce to combat illicit gold trade
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Gold Board to launch taskforce to combat illicit gold trade

AdminBy AdminJune 4, 2025No Comments2 Views
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The Ghana Gold Board has ramped up efforts to combat gold smuggling, aiming to safeguard the country’s mineral revenue and ensure that all gold produced in Ghana is accounted for within official trade channels.

Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, emphasized the institution’s commitment to strengthening enforcement mechanisms to curb illicit gold exports.

Speaking at the 2025 Mining in Motion Summit, organized in partnership with the Ashanti Green Initiative, he outlined new measures to align the sector’s output with national economic goals.

“The days of illegal gold trading and uncontrolled gold smuggling have come to an end. The GoldBod will ensure that Ghana’s gold is traded and exported legally and the forex proceeds thereof, fully repatriated to support our economy and improve the livelihoods of our people. We shall not rest until every gold smuggler is put behind bars,” he declared.

To intensify efforts, Gyamfi announced the imminent launch of a standing anti-gold smuggling taskforce in collaboration with the National Security Secretariat.

“In the coming weeks, the GoldBod shall, in conjunction with the National Security Secretariat, launch a standing anti-gold smuggling taskforce to further strengthen our fight against the illicit menace. All persons who fall foul of the law will be dealt with no matter whose ox is gored. No one will be spared,” he warned.

The move is part of a broader strategy to ensure legal gold trading and protect Ghana’s foreign exchange earnings.

The government has reiterated its dedication to enforcing stringent regulations to prevent financial losses due to illegal gold exports.

GoldBod Sammy Gyamfi
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