The Ghana Gold Board (GoldBod) and the Economic and Organised Crime Office (EOCO) have begun technical collaboration to trace illicit financial flows linked to Ghana’s gold trading sector.
The partnership, supported by the United Kingdom Ghana Gold Programme (UKGGP), entered its operational phase following the first technical meeting between the institutions.
The collaboration is expected to strengthen intelligence sharing, monitoring and enforcement across the gold trade, with particular attention to money moving through the sector.
The Deputy Chief Executive Officer of GoldBod reaffirmed the Board’s commitment to working with EOCO to ensure that gold trading complies with Ghanaian laws and international standards.
“We give full support to management and look forward to ensuring that the gold trade is conducted in compliance with local and international standards. These frameworks are from credible sources and are traceable,” he said.
Head of Investigations at EOCO, Felix Mawulolo Amegashie, said gold remains an important part of Ghana’s economy and the partnership would provide the two institutions with greater visibility over financial transactions within the sector.
He said EOCO’s support would be aimed at helping to keep Ghana’s gold trade compliant and free from illicit financial activity.
The technical meeting is expected to provide a working framework for the institutions, including defined responsibilities, information sharing and joint follow-up on cases and intelligence.
The UKGGP is providing technical support to Ghana’s efforts to develop a transparent, well-regulated and responsibly sourced gold sector.
The collaboration forms part of broader efforts to strengthen oversight of Ghana’s gold trading ecosystem and identify financial flows associated with illegal activities.
