By Joyce Danso, GNA
Accra, April 15, GNA – An Accra High Court has restrained the Economic and Organised Crime Office (EOCO) from declaring directors of Sesi-Edem Company Limited wanted.
The order, granted on April 14, 2026 by Justice Frank Aboadwe Rockson, imposed an interim injunction against EOCO, its officers, agents and representatives.
“It is hereby ordered that the Respondent (EOCO), its officers, agents, servants, representatives, and any person acting on its behalf be restrained from continuing or undertaking a purported investigation into the applicant and its Directors in respect of transactions between Sesi-Edem Company Limited and JG Resources Limited, and from declaring or maintaining the Directors as wanted persons,” the Court ruled.
EOCO was further barred from “inviting, detaining, arresting, charging, or in any other manner whatsoever interfering with the liberty or operations of the applicant and its Directors, in accordance with the decision contained in the Respondent’s Media Release dated 30th March 2026.”
A statement issued by Knightschild Chambers explained that JG Resources Ltd petitioned EOCO in November 2025, alleging incomplete delivery of gold purchased from Sesi-Edem Company Limited.
The petition, however, omitted that the contractual deadline for delivery was June 2026.
Despite acknowledging this deadline in court, EOCO froze the Company’s accounts and pursued investigations under allegations of fraud and money laundering.
On March 19, 2026, the High Court ruled that the facts disclosed no basis for such allegations, ordered the defreezing of the accounts, and held that EOCO had acted outside its statutory mandate.
The Court noted that EOCO had itself sought confirmation of its freezing orders at the High Court, Adentan, which later revoked its earlier decision, ruling that EOCO lacked the mandate to investigate the matter.
EOCO, however, issued a media release on March 30, 2026 declaring the directors “wanted persons” and indicating its intention to continue investigations.
The present proceedings were therefore initiated to restrain those actions.
The Court has now directed EOCO to refrain from maintaining the “wanted” declaration and from taking further steps pending determination of the substantive application.
Knightschild Chambers confirmed that the Order had been duly served on EOCO, stressing that immediate steps must be taken to ensure compliance.
Sesi-Edem Company Limited reiterated that neither it nor its directors had engaged in criminal conduct, describing the matter as purely contractual.
“The Company will continue to take all appropriate steps to protect its rights and to ensure that the authority of the Court is respected,” the statement said.
GNA
Edited by Kenneth Sackey