JG Resources Limited and three of its directors — Papa Yaw Owusu-Ankomah, Maame Akosua Asama Kuranchie, and Kwaku Appiah Yeboah — are the subject of contempt proceedings before the High Court (Commercial Division) in Accra.

The proceedings are connected to Suit No. GJ-CM/OCC/0181/2026, filed by Sesi-Edem Company Limited.

In its claim, Sesi-Edem alleges that JG Resources used its corporate name and the signature of its Managing Director without authorisation in relation to a Sale and Purchase Agreement involving Tayvest-FZCO for the purchase of gold dore bars.

Sesi-Edem further alleges that the agreement bears a forged signature and company stamp. The company says it became aware of the document after receiving information from a journalist, following which it initiated legal action against JG Resources.

Court records indicate that on 19 December 2025, the High Court granted an injunction and preservation order in favour of Sesi-Edem Company Limited.

According to the applicant’s filings, the order required JG Resources to freeze certain specified bank accounts — including an account held with Access Bank — deposit funds linked to the disputed transaction into court, and file a sworn affidavit disclosing all related assets.

The applicant states that the order was served on 22 December 2025. In support of the contempt application, Sesi-Edem filed an affidavit claiming that JG Resources did not deposit any funds into court, did not file the required disclosure affidavit, and did not apply to vary, discharge, or stay the order.

The applicant cites a registry search dated 7 January 2026 as showing no record of the alleged compliance steps.

Sesi-Edem contends that the alleged non-compliance occurred while the order remained in force and should be treated as wilful disobedience of the court.

Contempt proceedings are intended to enforce compliance with court orders. Where contempt is established, sanctions may include fines or imprisonment, subject to the court’s discretion.

The High Court is expected to hear the contempt application in March 2026, when it will determine whether the respondents breached the court’s orders and whether committal or other sanctions are warranted.