Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

We don’t smuggle gold – BGC

downloadGold trading company, BGC International, has denied being part of a syndicate that attempted to smuggle gold out of Ghana.


Members of the syndicate were arrested last week attempting to illegally export 480 kilograms of gold. Initial reports suggested that BGC and AA Minerals Limited connived with the syndicate.

Speaking to Starr Business, the chairman of BGC International, Vee Akoliya, has denied the report.

“I am a valid license holder, my license was issued by the Minerals Commission. Just the next day after the incident you reported about, I exported gold out of Ghana so we cannot be part of any illegal Gold Shipping syndicate,” Akoliya stressed.

He added: “On Saturday, we exported 10kgs of Gold out of Ghana and we had all the necessary documentation. We follow the rules at all times and we respect the rules.”

On February 18, security officers at the Kotoka International Airport (KIA) busted a syndicate attempting to smuggle gold weighing about 480 kilogram and valued at US$18,000,000 out of the country.

The ounces of gold were hidden in boxes at the time of the arrest.

source: http://www.starrfmonline.com/1.8723055

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Latest posts by Editor (see all)

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar