The Economic and Organised Crime Office (EOCO) has identified Dr. Gabriel Tanko Kwamigah-Atokple, owner of Sesi-Edem Company Limited, as a person of interest in an ongoing probe into an alleged multi-million cedi gold fraud and money laundering scheme.
In a statement on March 30, 2026, EOCO said the investigation arose from a petition filed in November 2025 by J.G. Resources Ltd in collaboration with Unigold Trading LLC, alleging that Sesi-Edem obtained gold valued at GH¢57,759,594.68 under false pretences.
The anti-graft agency said the inquiry is being conducted under the Economic and Organised Crime Act, 2010 (Act 804), the Criminal Offences Act, 1960 (Act 29), and the Anti-Money Laundering Act, 2020 (Act 1044).
EOCO disclosed that Dr. Kwamigah-Atokple was formally invited in November 2025 to assist with investigations but did not respond, prompting authorities to actively seek his cooperation.
Preliminary investigations indicate that Sesi-Edem’s bank accounts may contain proceeds of crime. In response, the accounts were frozen on January 30, 2026, to prevent the dissipation of suspected illicit funds.
The company later challenged the freezing order in court on February 12, 2026, but EOCO insists the measure remains necessary while inquiries continue.
The agency emphasised that neither the company nor its directors have been formally charged in court and that the investigation remains ongoing. EOCO also warned that it would use all lawful means to locate and arrest individuals connected to the case if they continue to evade authorities.
This development comes amid increased scrutiny of Ghana’s gold trading sector, with regulators under pressure to address fraud, illicit financial flows, and non-compliance. EOCO has called on the public to assist law enforcement by providing any information relevant to the investigation.
