The Ghana Gold Board (GoldBod) has presented GH¢12.65 million to the Narcotics Control Commission (NACOC) as a reward for its role in a major operation that led to the seizure of 17 gold bars from illegal gold traders in 2025.
The payment represents 50% of the proceeds realised from the sale of the confiscated gold and forms part of GoldBod’s reward policy aimed at encouraging intelligence-led enforcement and strengthening collaboration with state security agencies in the fight against illegal gold trading.
Presenting the cheque, GoldBod Chief Executive Officer, Sammy Gyamfi, Esq., explained that the reward was distributed in line with the Board’s approved incentive framework.
He said 10% of the proceeds was allocated to the informant whose credible intelligence led to the successful operation.
Mr. Gyamfi further disclosed that GoldBod’s Board of Directors approved an additional 20% for the NACOC officers who participated in the operation, in recognition of the risks they took in carrying out the assignment.
The remaining 20% was awarded to NACOC as an institution to acknowledge its deployment of personnel, logistics and operational resources that contributed to the successful seizure.
He said the reward system is designed to encourage credible intelligence, motivate security personnel and deepen inter-agency cooperation in safeguarding Ghana’s mineral resources from illegal exploitation and smuggling.
Receiving the cheque, Director-General of NACOC, Major General Maxwell Obuba Mantey, commended GoldBod for honouring its commitment and reaffirmed the Commission’s determination to continue working closely with the Board to combat illegal gold trading and related transnational crimes.
The presentation marks one of the most significant financial rewards under GoldBod’s enforcement strategy and reflects growing efforts to strengthen intelligence-led operations, protect Ghana’s gold resources and dismantle illicit trading networks.
