The Ghana Gold Board (GoldBod) has presented GH¢12.65 million to the Narcotics Control Commission (NACOC) as a reward for its role in the seizure of 17 gold bars linked to illegal gold trading activities in 2025.
The amount represents 50 percent of the proceeds from the sale of the confiscated gold, in line with GoldBod’s reward policy aimed at promoting intelligence-led enforcement and protecting Ghana’s mineral resources.
In a post on X, Mr Sammy Gyamfi, Chief Executive Officer of GoldBod, said 10 percent of the proceeds had been paid to the informant whose credible intelligence led to the successful operation.
He said the GoldBod Board of Directors also approved an additional 20 percent of the proceeds for the NACOC officers who participated in the operation in recognition of their bravery and sacrifice.
The remaining 20 percent was presented to NACOC as an institution for deploying the personnel and resources required for the operation.
Mr Gyamfi said the reward underscored GoldBod’s commitment to recognising the contributions of individuals and institutions involved in combating illegal gold trading.
Receiving the cheque on behalf of NACOC, Major General Maxwell Obuba Mantey, Director-General of the Commission, commended GoldBod for fulfilling its commitment and reaffirmed NACOC’s readiness to strengthen collaboration with the Board in the fight against illicit gold trading.
He said continued cooperation between the two institutions would enhance efforts to combat illegal activities within Ghana’s gold sector.
GoldBod said the reward formed part of its broader strategy to deepen collaboration with state security agencies, encourage credible intelligence gathering and reporting, and strengthen enforcement against illegal gold trading.
The Board said the initiative reflected its commitment to safeguarding Ghana’s gold resources for the benefit of present and future generations.
