Ghana's Tough New Stance: Jail Time, Not Deportation, for Illegal Gold Buyers

Ghana Cracks Down on Illegal Gold Trade: Prosecution Replaces Deportation Ghana is taking a tough stance against the illegal gold trade. Sammy Gyamfi, CEO of the Ghana Gold Board, announced a new policy: foreigners caught buying gold illegally after April 30th will face prosecution, not deportation. This shift in strategy aims to deter illegal activities and protect Ghana's gold resources. "No Deportation—They’ll Be Prosecuted!" Gyamfi declared in a recent interview. He explained that the previous policy of deportation was ineffective. The new approach focuses on strong deterrents through legal consequences. The Gold Board has also implemented a transparent pricing system, linked to the world market, to further discourage illegal practices. This increased transparency aims to make the legal gold trade more attractive and competitive. This crackdown is a significant step in Ghana's efforts to regulate its gold sector and combat illicit activities. The government hopes that the new policy will lead to a more sustainable and transparent gold industry.