The Economic and Organised Crime Office (EOCO) has named Dr Gabriel Tanko Kwamigah-Atokple, owner of Sesi-Edem Company Limited, as a person of interest in an ongoing investigation into an alleged multi-million cedi gold fraud and money laundering scheme.
In a statement issued on March 30, 2026, EOCO said the case originated from a petition filed in November 2025 by J.G. Resources Ltd in collaboration with Unigold Trading LLC. The petition alleges that Sesi-Edem Company Limited fraudulently acquired gold valued at GH¢57,759,594.68 under false pretences.
EOCO indicated that the investigation 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).
According to the Office, Dr. Kwamigah-Atokple was invited in November 2025 to assist with investigations but failed to honour the invitation. He is therefore being sought to support ongoing inquiries.
Preliminary findings suggest that bank accounts linked to Sesi-Edem Company Limited may contain suspected proceeds of crime. As a result, EOCO froze the accounts on January 30, 2026, to prevent the possible dissipation of funds.
The company subsequently challenged the freezing order in court on February 12, 2026, seeking to have it overturned. However, EOCO maintains that the action was necessary to safeguard funds under investigation.
The Office further clarified that neither the company nor its directors have been formally charged, noting that investigations are still ongoing.
EOCO also disclosed that efforts to secure the cooperation of the company’s directors have so far been unsuccessful. It warned that it will deploy all lawful means to locate, identify, and arrest individuals linked to the case if they continue to evade investigators.
The development comes amid growing scrutiny of Ghana’s gold trading sector, with regulators intensifying efforts to combat fraud, illicit financial flows, and regulatory breaches.
EOCO has called on the public to assist law enforcement by providing any relevant information to support the investigation.
