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$14.3M Gold deal standoff: EOCO ordered to Back Off 

EOCO Board orders strict compliance with court injunction in Sesi-Edem case.

Edzorna Francis Mensah by Edzorna Francis Mensah
April 27, 2026
in Economy
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$14.3M Gold deal standoff: EOCO ordered to Back Off 
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The Governing Board of Economic and Organised Crime Office (EOCO)has directed management to fully obey an interim injunction issued by the Adenta High Court, temporarily halting actions against gold dealership firm Sesi-Edem Company Limited.

 

The Board says it found no evidence of abuse of power by Acting Executive Director Raymond Archer and his deputy but declined to comment on allegations of unlawful investigations and contempt claims, citing ongoing court proceedings.

 

The legal battle stems from a $14.3 million gold deal dispute, with Sesi-Edem insisting the court injunction remains in force as the case continues.

 

 

Economic and Organised Crime Office is a Ghana’s state agency mandated to investigate and prosecute economic and organised crime.

 

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That covers fraud, money laundering, tax evasion, cybercrime, human trafficking, and other serious financial offences.

 

It operates under the Economic and Organised Crime Office Act, 2010 (Act 804) and works with the Attorney General’s Department to take cases to court.

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