The Economic and Organised Crime Office (EOCO) has halted the acquisition process of the Prestea-Bogoso Mine by Heath Goldfields Limited, citing ongoing investigations into alleged fraudulent activities surrounding the transaction.

In a letter dated December 23, 2024, EOCO requested the Minerals Commission to provide documents and information related to the registration process of the mine's acquisition. The letter specifically asked for all details concerning the transaction involving Heath Goldfields Limited and any other documents connected to the mine’s transfer.

The investigation, initiated by EOCO, seeks to establish whether the acquisition was conducted fraudulently. As part of the probe, EOCO has called for the cooperation of the Minerals Commission, requesting officials to report to the Executive Director’s office or send a representative to provide the necessary documents and clarifications.

Citing Section 33 of the Economic and Organised Crime Act, 2010 (Act 804), EOCO imposed a freeze on the acquisition process, suspending further transactions between the parties involved until the investigation concludes.

This intervention follows concerns raised by the current managers of the mine, Blue Gold Bogoso Prestea Limited, who alleged that they were being removed from the business without just cause.

EOCO's Executive Director, Mrs. Maame Yaa Tiwaa Addo-Danquah, who signed the directive, emphasized the importance of immediate compliance by the Minerals Commission to ensure the matter is resolved swiftly.