spot_img

NDC’s Joseph Yamin Allegedly Leads Mob to Seize Bullion Bars at PMMC Assay Centre

Published on

spot_img

The Precious Minerals Marketing Company (PMMC) has accused Joseph Yamin, the National Organizer of the National Democratic Congress (NDC), of leading a mob to interfere with bullion bars belonging to the Bank of Ghana (BoG) at the PMMC Assay Centre.

In a statement issued on Wednesday, December 18, PMMC said the bullion bars in question were part of the Bank of Ghana’s Domestic Gold Purchase Programme (DGPP), an initiative aimed at strengthening the country’s gold reserves and supporting the economy.

The incident occurred on Tuesday, December 17, and led to a standoff at the National Assay Centre at the Aviance Cargo Terminal. The situation escalated to the point where police intervention was required. After several hours of negotiations, the bullion bars were transferred to the Greater Accra Regional Police Command for safekeeping while efforts to resolve the matter continued.

The disruption also affected a private gold exporter, who was processing gold for export at the time.

PMMC described the event as “unfortunate,” condemning it as an “unlawful action” that disrupted lawful operations and created unnecessary tension. The company warned that such incidents could harm Ghana’s reputation in the international bullion market and undermine confidence among global gold buyers.

The statement urged all stakeholders to act responsibly to safeguard the country’s economic interests and its standing in the global gold trade. PMMC, which legally serves as the National Assayer, expressed deep concern over the actions taken at the Assay Centre and called for greater respect for lawful processes.

Source:TheDotNews

Latest articles

Air Traffic Engineers Suspend Planned Strike After Talks With Aviation Authority

The Ghana Air Traffic Safety Electronics Association (GhATSEA) has suspended its planned nationwide strike,...

EPA bans ‘Changfan’ machines used in illegal mining

Ghana’s Environmental Protection Authority (EPA) has announced an immediate ban on the fabrication, importation,...

ECG Overspends GH¢189m Without Approval –PAC Demand Sanctions

Ghana’s state-owned Electricity Company of Ghana (ECG) has been criticised by Parliament’s Public Accounts...

Mahama attends Paris Peace Forum

President John Mahama arrived in France on Wednesday to participate in the 8th Edition...

More like this

Air Traffic Engineers Suspend Planned Strike After Talks With Aviation Authority

The Ghana Air Traffic Safety Electronics Association (GhATSEA) has suspended its planned nationwide strike,...

EPA bans ‘Changfan’ machines used in illegal mining

Ghana’s Environmental Protection Authority (EPA) has announced an immediate ban on the fabrication, importation,...

ECG Overspends GH¢189m Without Approval –PAC Demand Sanctions

Ghana’s state-owned Electricity Company of Ghana (ECG) has been criticised by Parliament’s Public Accounts...

Discover more from The Dot News

Subscribe now to keep reading and get access to the full archive.

Continue reading