Audio By Carbonatix
Parliament’s Mines and Energy Committee is set to investigate how undocumented gold is illegally smuggled through the country’s borders.
It follows a JoyNews exposé uncovering how security operatives and politically connected individuals have been aiding a gold smuggling syndicate illegally exporting gold through the country’s air and seaports.
In 2018, President Akufo Addo revealed how $5 billion was unaccounted for in gold exports from Ghana to the United Arab Emirates.
In the latest Hotline Documentary, ‘Busted: Gold Smugglers’ the JoyNews investigative team revealed how gold is tucked under traditional woven slippers and smuggled out of the country.
Ranking Member on the Mines and Energy Committee John Jinapor says the revelations captured in the investigative report will feature strongly when they meet the Lands and Natural Resources Minister and Minerals Commission on Tuesday.
"This will be a major issue at committee. We will delve into it," he told JoyNews.
He further highlighted the need to reassess the percentage of withholding tax placed on legal gold exports which he believes could be a contributory factor perpetuating the illegality.
"I am told that it is a 3% withholding on gold export in Ghana and that that's a contributory factor deterring people from going through the approved routes. I think that all these issues ought to be looked into so that we can tighten security," he added.
Latest Stories
-
He entered at eight. He is now 16: Ghana’s children growing up in prayer camps
42 minutes -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
44 minutes -
PKO trio eye victories at Odwira Festival
3 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
3 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
4 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
4 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
5 hours -
The brewing tension at KNUST; Beware the Ides of October….
5 hours -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
5 hours -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
6 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
6 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
6 hours -
The Accra-Kumasi Expressway: Building it right
6 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
6 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
7 hours