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GoldBod rewards NACOC with GH¢12.65m for gold smuggling crackdown

GoldBod rewards NACOC with GH¢12.65m for gold smuggling crackdown
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By Ashiadey Dotse

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 from illegal gold traders in 2025.

The amount represents 50% of the proceeds from the sale of the confiscated gold under GoldBod’s reward policy.

Presenting the cheque, the Chief Executive Officer of GoldBod, Sammy Gyamfi, explained that the reward was shared in recognition of the intelligence provided and the efforts that led to the successful operation.

He said 10% of the proceeds was allocated to the informant whose credible intelligence made the operation possible.

According to Mr Gyamfi, the GoldBod Board of Directors also approved 20% for the NACOC officers who risked their lives during the operation, while the remaining 20% was awarded to NACOC as an institution for deploying its personnel and resources.

Receiving the cheque, the Director-General of NACOC, Major General Maxwell Obuba Mantey, commended GoldBod for honouring its commitment and pledged the Commission’s continued support in the fight against illegal gold trading.

He reaffirmed NACOC’s commitment to working closely with GoldBod to protect Ghana’s mineral resources through effective law enforcement.

GoldBod said the presentation demonstrates its commitment to rewarding credible intelligence, strengthening collaboration with state security agencies, and protecting Ghana’s gold resources from illegal activities.

The Board added that sustained cooperation among security agencies and other stakeholders is essential to safeguarding the country’s gold resources for the benefit of present and future generations.

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