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Not all gold bars busted at Sapeiman were fake – Tanko Computer alleges

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The Chief Executive Officer of the Ghana Investment Fund for Electronic Communication (GIFEC), Dr. Rashid Tanko Computer, has revealed that not all of the gold bars intercepted during a high-profile National Security operation at Sapeiman in February were fake, contrary to earlier reports.

Speaking on Channel TV’s Breakfast Daily on Tuesday, April 15, 2025, Dr. Tanko Computer suggested that the narrative of the entire gold haul being counterfeit was a deliberate smokescreen to obscure deeper issues related to illicit financial operations and economic sabotage.

National Security operatives had on February 9, 2025, seized a large consignment of counterfeit currency and what was initially reported as fake gold bars hidden in twelve 20-foot containers in Sapeiman, a suburb of Accra. The discovery sparked public concern over the scale of criminal activities and alleged regulatory lapses.

But Dr. Tanko Computer indicated that while some of the bars were indeed fake, others were genuine, and the operation was part of a larger, more sophisticated money laundering scheme.

“In Japka’s matter at Sapeiman; those doing money laundering, if I tell you their modus openradi, you will be shocked. They camouflage it with the thing being fake but they have the other one. They use the fake ones to bamboozle Ghanaians and they get away with what they are doing and destroy our economy.

“When we caught them with the first one and the second one, yes, some of them were fake but not all of them were. They have the other ones. I tell you, these people the thing they did for eight years, only God knows and we are now taking time to clean up the system to make sure that we reset the country on the right path,” he stated.

Dr. Tanko Computer also raised concerns about the abuse of gold trading licenses, noting that all such licenses had been revoked and would now be reissued under the oversight of a new regulatory body, referred to as “GoldBod.”

“If you look at the way the Act is carved, you cannot engage in any gold trade without license so you have to come and renew it with the GoldBod. All license stand revoked at the moment. And I know my people, they will come and do a press conference very soon. Because they have given out a lot of illegal licenses behind the scene for them to do all manner of trading,” he noted.

Responding to the Interior Minister’s recent call for the deportation of foreigners involved in illegal mining (galamsey), Dr. Tanko Computer expressed strong support for the move but suggested a more rehabilitative approach for Ghanaians involved in the illegal activity.

“As for those people, we will just bus them away. For our people here, we will try to reform them because after all we are all Ghanaians,” he stated.

Source: Citi Newsroom

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Finance Minister, Deputy Publicly File Tax Returns to Boost Compliance and Trust

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The Cassiel Ato Forson, together with his Deputy Thomas Nyarko Ampem, has publicly filed his annual tax returns in a move aimed at promoting voluntary compliance and reinforcing public confidence in the country’s tax system.

Addressing the media after the exercise, Dr. Forson indicated that the decision to file publicly was intentional, underscoring the importance of leading by example. He stated that leadership must be demonstrated through action rather than mere pronouncements.

The Minister commended Ghanaian taxpayers for their continued contributions to national development, noting that their role remains vital in sustaining the country’s economic framework.

He emphasized that tax payment is a collective civic duty, describing it as fundamental to good governance and a key driver of national progress. According to him, all individuals and institutions are equal under the law and must fulfill their tax obligations accordingly.

Dr. Forson further highlighted that tax compliance extends beyond legal requirements, framing it as a moral responsibility that ensures a fair distribution of the national burden and accelerates development.

He pointed out that tax revenues remain the backbone of public financing, supporting critical sectors such as education, healthcare, infrastructure, and security.

The Minister also lauded the Ghana Revenue Authority for its efforts, particularly during the Tax and Good Governance Month observed in April. He urged the Authority to intensify public education campaigns and continue reforms aimed at simplifying tax processes, reducing compliance costs, and enhancing transparency.

Reaffirming the government’s commitment, Dr. Forson assured that the Ministry of Finance would continue to support the GRA in executing its mandate effectively.

He concluded by encouraging individuals and businesses yet to file their tax returns to do so promptly, leveraging digital platforms and available support systems.

According to the Minister, strengthening the country’s tax culture is essential for economic stability, improved accountability, and the creation of a more equitable society.

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President Mahama visits Fuveme, assures urgent action on tidal wave devastation

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President John Dramani Mahama has visited Fuveme and other coastal communities in the Volta Region affected by recent tidal waves, assuring residents of immediate relief measures and long-term interventions to address the worsening coastal erosion crisis.

 

The visit follows renewed tidal wave activity that has displaced families, destroyed homes, and left sections of the coastline severely damaged, deepening concerns about the vulnerability of communities along the stretch.

 

During his tour, President Mahama interacted with affected residents, inspected damaged properties, and reaffirmed government’s commitment to both emergency support and permanent protection works.

 

“We came here to see for ourselves what is happening after the sea broke through and caused this destruction,” President Mahama said. “This entire coastline is part of an ongoing coastal protection programme, and we are committed to making sure the right interventions are implemented.”

 

He explained that the area falls under the West Africa Coastal Areas (WACA) project, a $150 million World Bank-supported initiative designed to protect vulnerable coastal communities from sea erosion and tidal wave impacts.

 

“The WACA project is a major intervention covering this stretch from Ketu South through parts of Anloga,” he noted. “It will involve the construction of sea defence structures and groynes to reduce wave energy, as well as ecological measures like mangrove and coconut planting to help stabilize the shoreline.”

 

President Mahama acknowledged delays in the implementation process, attributing them in part to the 2024 election period, but assured residents that progress has resumed.

 

“Yes, there were delays last year because of the elections, but I am happy to report that the feasibility studies have been completed and we are now moving into the design phase,” he stated. “After that, we proceed to procurement and then actual construction.”

 

He further assured residents that funding for the project remains secure and that government is determined to see it through to completion.

 

“We want to assure you that the financing for this project is not in doubt,” President Mahama emphasized. “Government is fully committed to ensuring that this coastal protection project is implemented to safeguard lives and property.”

 

As an immediate response, he disclosed that government will collaborate with the Volta River Authority (VRA) to undertake dredging works at the estuary to help reduce pressure on the coastline.

 

“In the short term, we are working with VRA to do dredging at the estuary to help ease the tidal impact while we implement the bigger project,” he added.

 

President Mahama appealed for patience and cooperation from residents as government rolls out both short-term interventions and long-term solutions to address the persistent coastal erosion challenges affecting the Volta Region.

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Hon. Joana Gyan Cudjoe Delivers on Her Promise, Supports Achichire Community Center Project

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Hon. Joana Gyan Cudjoe, MP for Amenfi Central, has once again demonstrated her strong commitment to community development by fulfilling her promise to the people of Achichire. In support of their efforts to complete a much-needed community center, she donated 300 bags of cement along with 15 packages of roofing sheets today.

 

The donation was presented on her behalf by Hon. Peter Amponsah, the DCE, for Amenfi Central, together with constituency and branch executives.

 

This act goes beyond a simple donation, it reflects a deep dedication to improving lives and creating spaces where communities can come together, grow, and thrive. When completed, the Achichire Community Center will serve as a vital hub for social activities, meetings, and local initiatives, helping to strengthen unity and drive development in the area.

 

Hon. Gyan Cudjoe’s timely support has injected new energy and hope into the project, and the people of Achichire have expressed heartfelt appreciation for her continued leadership and commitment to their welfare.

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