Ghana cracks down on illegal gold trading with new enforcement powers
Ghana's government has bolstered its fight against gold smuggling. The Attorney General has granted the Ghana Gold Board (GoldBod) the power to prosecute cases and appoint inspectors with special authority.
GoldBod has made significant strides in its crackdown. It has apprehended 25 individuals, including foreign nationals, for illegal gold trading and smuggling in Accra. Deputy CEO Richard Nunekpeku attributes this move to the government's efforts to speed up prosecution.
GoldBod can now assign its own lawyers to lead prosecutions. This comes after the Attorney General granted a fiat, empowering GoldBod to tackle gold smuggling and illegal trading. The next step is to establish dedicated courts for gold trading offences to further strengthen enforcement efforts.
GoldBod's new powers and successful apprehensions signal a robust response to gold smuggling. With dedicated courts in the pipeline, enforcement is set to become more efficient, further bolstering Ghana's gold trading regulations.
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