The Economic and Organised Crime Office (EOCO) has identified, owner of SESI-EDEM Company Limited, Dr. Gabriel Tanko Kwamigah-Atokple, a person of interest in an ongoing investigation into an alleged gold trading fraud and money laundering case.
According to EOCO, the development follows a petition filed in November 2025 by J.G. Resources Limited in collaboration with Unigold Trading LLC.
The petition accused SESI-EDEM Company Limited of defrauding the companies under false pretenses in a gold supply transaction valued at GH₵57,759,594.68, involving 50 kilograms of gold.
EOCO said that it is investigating SESI-EDEM Company Limited for alleged offences of defrauding by false pretenses and money laundering under the office act
“EOCO is investigating SESI-EDEM Company Limited for alleged offences of Defrauding by False Pretenses and Money Laundering under sections 3 and 74 of the Economic and Organised Crime Act, 2010 (Act 804), Section 131 of the Criminal Offences Act. 1960 (Act 29) as well as Section 1 of the Anti-Money Laundering Act, 2020 (Act 1044),” It said in a statement on Monday, March 30, 2026.
EOCO disclosed that Mr. Kwamigah-Atokple was formally invited in November 2025 to assist with the investigation but “he failed to report.”
The Office investigations added that the company’s bank account held proceeds suspected to be generated from criminal activity, noting “that the bank account was therefore frozen and confirmed on 30th January 2026 to preserve the dissipation of said funds.”
However, SESI-EDEM Company Limited subsequently filed a review application on Thursday, February 12, 2026, challenging EOCO’s authority to freeze its account.
EOCO continued that the court’s review order did not consider Section 38 of Act 804, which empowers the Office to preserve funds reasonably suspected to be proceeds of crime while investigations are ongoing.
The Office clarified that SESI-EDEM Company Limited has not been charged before court, as investigations are ongoing.
EOCO further indicated that the company’s directors have refused to honor lawful invitations to appear before investigators, stressing that “lawful means to locate, identify and arrest the Directors of SESI-EDEM Company Limited.”
Source: Ernest Kelvin Okanta
