26.8 C
Accra
Friday, December 27, 2024
News HeadlineAlleged illegal gold shipment sparks tensions at KIA and Aviance

Date:

Alleged illegal gold shipment sparks tensions at KIA and Aviance

There was a potential confrontation over an attempt to export gold to the Emirates on January 2, 2024, stemming from a dispute over the ownership of Adamus Resources Ltd., a gold mining company in the Western Region.

The disagreement led to an injunction filed by one of the parties involved, preventing the directors of Adamus from conducting business in the company’s name.

Despite the court order, individuals allegedly supported by influential political figures attempted to smuggle a significant amount of gold to the Emirates. The court had earlier restrained specific directors from making decisions impacting the company until the case’s final determination.

Notices of the injunction were served to relevant parties at the Aviance Cargo Village, cautioning against engaging in any gold export trade under Adamus. The attempted shipment of gold on January 2 was thwarted by the injunction application.

Security heads at the Kotoka International Airport made unsuccessful attempts to assist in exporting the gold despite the pending injunction.

The stakeholders involved were warned of potential contempt of court if they continued aiding the restrained individuals in exporting gold under Adamus Resources.

The public was advised to avoid business activities with unauthorised persons claiming to be directors of Adamus. The Accra High Court mandated the formation of an interim management committee (IMC), but some former executives continued unauthorised activities in the company’s name.

Background

Adamus Australia, the majority shareholder holding 90% of the company’s shares, is disputing the claimed transfer of its shares to Angela List through her company, Nguvu Mining. The firm is restraining List from conducting business on behalf of Adamus Resources Ltd.

To address the ongoing export of gold by List and other restrained directors, Adamus Australia filed an injunction application on January 3, 2024, seeking to halt further gold exports unless authorized by members of an Interim Management Committee (IMC) established by the Court on July 27, 2023.

The Ministry of Lands and Natural Resources appointed Lawyer Juliet Osei-Wusu (Mrs) to lead the IMC, consisting of five members, while Adamus Australia appointed two members.

Nguvu Mining has not yet disclosed its two IMC appointees and has instead submitted an application to Accra Airport authorities, purportedly on behalf of Adamus Ghana, urging them to disregard the pending injunction application to halt gold shipments by the restrained directors.

On December 21, 2013, the Court ruled that processes filed by Ferociter Law on behalf of Adamus Ghana, as directed by the restrained directors, were unauthorized, leading to their dismissal.

A contempt application against the restrained directors and the Commissioner for Customs has been previously submitted but is awaiting a hearing.

Customs officials, security personnel, and airport authorities are taking precautionary measures to avoid facing the Court’s repercussions by refraining from supporting the restrained directors and Brinks SI in exporting gold from Adamus Ghana Ltd. until the injunction application is decided on January 25, 2024.

[forminator_poll id="710479"]

Latest stories

I have been trying to make peace with Stonebwouy for the past 5 years – Kelvynboy

Ghanaian Afrobeats artist Kelvynboy, whose real name is Kelvin...

Ghanaian lady goes viral for her resemblance to Martha Ankomah

A Ghanaian woman has become an internet sensation after...

Stop misleading the public with unverified information – MoE to WAEC PRO

The Ministry of Education (MoE) has urged the Public...

Ghana’s Afua Asantewaa hits 121hrs to complete Sing-a-thon

Ghanaian media figure Afua Asantewaa has concluded her sing-a-thon.This...

Ghana still the Mecca of Black race – Bagbin on respect for Democratic governance

Speaker of Parliament, Alban Bagbin, has reassured Ghana’s youth...

Directive to submit nominees for appointments is invalid – NDC warns

The Greater Accra Regional Chairman of the National Democratic...

Related stories

Your victory is a call for hard work and tangible results – Bagbin to Mahama

The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has...

Claims of fraud and ghost names on our payroll system are false – NSA

The National Service Authority (NSA) has rejected claims of...

Power supply returns to nomalcy as WAPCO restores gas supply – ECG, GRIDCo

The Ghana Grid Company Ltd (GRIDCo) and the Electricity...

Mahama vows to have ‘dedicated funding’ to sustain, fix Free SHS policy

President-elect John Dramani Mahama has pledged to secure dedicated...

“Mahama won, but Bawumia was the better candidate” – IMANI’s Kofi Bentil

Vice President of IMANI Africa, Kofi Bentil, has reiterated...

LEAVE A REPLY

Please enter your comment!
Please enter your name here