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Thursday, January 1, 2026

President Mahama warns Gold abusers, as smugglers would face penalties

President John Dramani Mahama has warned individuals and foreign entities engaged in illegal gold trading, announcing that, violators will face severe consequences under the newly enacted GoldBod Act.

Speaking at the official inauguration of the GoldBod Taskforce at the National Security Secretariat, President Mahama declared that offenders risk fines of up to GHS 2.4 million, imprisonment between five and ten years, or both.

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