The ownership and operations of Ghana's only gold refinery are under intense scrutiny following explosive allegations by Bright Simons, Honorary Vice President of IMANI Africa. Simons has accused shadowy "ghost investors" of controlling the refinery on behalf of politically connected elites, raising concerns about transparency, governance, and national resource management.
Simons detailed these allegations in a series of social media posts and an in-depth blog article, highlighting a network of undisclosed beneficiaries behind the facility.
He described how politically exposed individuals allegedly use opaque corporate structures and front organizations to gain control of the refinery, undermining public trust and national interests.
Ghana's gold refinery sector has been a cornerstone of the country's value-addition strategy for its mineral resources.