Three Indians Arrested For Gold Smuggling In Kumasi by GoldBod Security
On April 28, 2025, three suspected gold smugglers were arrested by the GoldBod security task force at a residence near Atinga Junction, Kumasi. The suspects, identified as Goutam Katriya, Miraj Sarvaych, and Manash Damani, are Indian nationals involved in gold trading for Unique MM, a company reportedly owned by Musah Salifu. This arrest was the result of a tip-off about their activities in the black market.
During the arrest, authorities seized items including 1.9 million cedis, 4,500 rupees, over 4 kilograms of gold, and an Indian passport. Preliminary investigations revealed that these individuals lacked the necessary licenses to operate in Ghana’s gold market, raising concerns about their long-standing operations in Kumasi and Accra.
The suspects were swiftly arraigned before the Achimota Circuit Court and have been remanded into custody for two weeks pending further investigation. At a press conference, Chief Superintendent Osman Alhassan of National Security highlighted the economic repercussions of gold smuggling and reiterated the government’s commitment to eradicating this illegal trade.
Furthermore, inquiries suggest Musah Salifu, the alleged owner of Unique MM, is merely a front for Goutam Katriya, who is the true mastermind behind the operations. The GoldBod has issued strict directives for foreign nationals in gold trading to exit the market by April 30, 2025, emphasizing adherence to trading only in Ghana cedis and at official rates.
Chief Superintendent Alhassan assured the public that this arrest is only the beginning of a broader crackdown on illegal gold activities, urging both locals and foreigners to comply with the Ghana Gold Board Act and related regulations to avoid prosecution.
Source: GoldBod