Police probe links GH₵400,000 MoMo withdrawal to alleged Nsawam gold robbery

The Ghana Police Service has linked GH₵400,000 found in the mobile money account of a Kumasi based merchant to proceeds from an alleged armed gold robbery and fraud case.

The information was contained in a police update issued on March 29, 2026, following a directive by the Inspector General of Police, Mr Christian Tetteh Yohuno, for the Police Professional Standards Bureau to investigate the circumstances surrounding the funds held in the account of Derrick Okyere Dapaah, also known as Pablo.

The police said the case arose from a complaint lodged on December 8, 2025, by Francis Ayaaba of Ejisu, in the Ashanti Region.

According to the police, Mr Ayaaba told investigators that he had been invited to a house at Ntoaso, near Nsawam, under the pretext of a gold transaction.

He said he paid GH₵500,000 in cash and transferred an additional GH₵400,000 through mobile money as payment for gold he intended to purchase.

Mr Ayaaba told the police that shortly after making the payment, armed men appeared and robbed him of the gold.

Investigations, the police said, traced the GH₵400,000 mobile money transfer to accounts linked to Mr Dapaah.

The police explained that Mr Dapaah subsequently moved the funds between two other mobile money accounts registered in his name.

The money was later withdrawn by Abudu Dauda, who used a Ghana Card bearing the name Isagali Promise.

Dauda told investigators that he carried out the withdrawal on the instructions of a man identified as Alhaji Ibrahim.

The police said they secured court orders to freeze the mobile numbers involved, reverse the GH₵400,000 transaction and hold the amount as evidence pending the outcome of the case.

Further investigations led to the arrest of Abudu Dauda, Prince Ofori and William Nene Sakitey Osabotey, a goldsmith said to be the owner of the premises where the transaction took place.

Mr Dapaah was subsequently arrested and charged with abetment of crime.

All four accused persons, Mr Osabotey, Dauda, Ofori and Mr Dapaah, have appeared before court and were granted bail.

They are expected to reappear on April 29, 2026.

The police said efforts were underway to arrest two other suspects, identified as Alex and Alhaji Ibrahim, who are currently on the run.