The Economic and Organised Crime Office (EOCO) has declared Dr Gabriel Tanko Kwamigah-Atokple, owner of Sesi-Edem Company Limited, a person of interest and is seeking his assistance in an ongoing investigation into an alleged GH¢57.7 million gold fraud and money laundering scheme.
In a news release dated 30 March 2026, EOCO said the case stems from a November 2025 petition by J. Resources Ltd, in collaboration with Unigold Trading LLC, accusing Sesi-Edem Company Limited of defrauding them under false pretences in a gold transaction involving 50 kilograms of gold valued at GH¢57,759,594.68.
EOCO disclosed that investigations are being conducted under the Economic and Organised Crime Office 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 formally invited in November 2025 to assist with investigations but failed to honour the invitation.
Preliminary findings, EOCO said, indicate that funds in the bank account of Sesi-Edem Company Limited are suspected to be proceeds of crime. Consequently, the account was frozen on 30 January 2026 to prevent dissipation of the funds.
The company subsequently challenged the action in court on 12 February 2026, seeking to revoke the freezing order. However, EOCO noted that the court did not uphold the application under Section 38 of Act 804, allowing the freezing directive to remain in place while investigations continue.
EOCO clarified that neither the company nor its directors have been formally charged before any court, stressing that the matter remains under active investigation.
“Unless and until Sesi-Edem Company Limited is charged before a court and the charge sheet is before the court, this matter is still under investigation,” the statement emphasised.
The Office further revealed that Dr Kwamigah-Atokple is currently wanted to assist with investigations, adding that the directors of the company have also failed to comply with lawful requests to appear before investigators.
EOCO warned that it will employ all legal means to locate, identify and arrest the directors if they continue to evade its directives.
The development adds to growing concerns over alleged fraudulent activities in Ghana’s gold trade, as authorities intensify efforts to clamp down on financial crimes within the sector.
