Goldline Mining Ghana Limited Gold Supply Fraud Allegation Under EOCO Investigation Request

JG Resources Limited has petitioned the Economic and Organised Crime Office (EOCO) to investigate Goldline Mining Ghana Limited over allegations of fraud involving the supply of gold and the alleged failure to refund millions of cedis paid for transactions.

According to the petition addressed to EOCO’s Executive Director, JG Resources claims it entered into an agreement with Goldline Mining Ghana Limited on May 16, 2025, for the purchase of gold to be delivered to its principal, Unigold Trading LLC, based in Dubai, United Arab Emirates.

The petition alleges that after discussions with Emmanuel Ababio, identified as the controlling person behind Goldline Mining Ghana Limited, payment was made into the company’s Access Bank account for an initial supply of 29 kilograms of gold.

However, JG Resources claims the company delivered only 20 kilograms, leaving 9 kilograms outstanding, while assuring the petitioner that the remaining quantity would be supplied during the next transaction.

The petitioner further states that another payment was made for the supply of 10 kilograms of gold, with the understanding that the outstanding 9 kilograms from the first transaction would be added to the new order.

According to the petition, Goldline Mining subsequently supplied only 7.8 kilograms out of the agreed 10 kilograms, while the outstanding 9 kilograms from the earlier transaction was also not delivered, leaving a total of 11.2 kilograms of gold allegedly undelivered.

JG Resources further claims that Emmanuel Ababio repeatedly assured the company that the outstanding gold would be supplied, but the timelines he provided consistently elapsed without any delivery being made.

The petition also alleges that the company was persuaded to make additional cash payments totalling GH₵330,000 to Emmanuel Ababio to facilitate the transportation and shipment of 20 kilograms of gold to the petitioner’s principal in Dubai. Despite receiving the funds, the petition states that the shipment never materialised.

According to JG Resources, it believes Goldline Mining Ghana Limited never intended to fulfil the agreed quantities of gold but rather entered into the arrangement to obtain funds from the company.

The petitioner further alleges that the suspect has refused to refund the money for the undelivered gold. It claims Emmanuel Ababio has since relocated to the Ashanti Region, where he has allegedly spent several months assuring the company that he is taking steps to settle the outstanding obligation.

The petition also claims Goldline Mining deliberately supplied smaller quantities of gold to encourage JG Resources to release additional funds for further purchases.

Describing itself as a victim of fraud, JG Resources has called on EOCO to urgently investigate the matter and assist in recovering funds allegedly held by Goldline Mining Ghana Limited.

The petition was signed by Kwaku Appiah Yeboah, Director of JG Resources Limited, who appealed to the anti-graft agency for immediate intervention.

PETITION FOR INVESTIGATION AND INTERVENTION-GOLDLI_260727_154000