Accra: The Economic and Organised Crime Office (EOCO) has declared Dr Gabriel Tanko Kwamigah-Atokple, owner of SESI-EDEM Company Limited, a person of interest wanted for questioning in connection with an ongoing investigation into alleged fraud and money laundering. This was stated in a press release dated March 30, 2026.
According to Ghana Web, EOCO explained that SESI-EDEM Company Limited is under investigation for alleged offences of defrauding by false pretenses and money laundering under Sections 3 and 74 of the Economic and Organised Crime Act, 2010 (Act 804), Section 131 of the Criminal Offences Act, 1960 (Act 29), and Section 1 of the Anti-Money Laundering Act, 2020 (Act 1044). The Office noted that a formal invitation was extended to Dr Atokple in November 2025, but he failed to report.
Following preliminary investigations, EOCO froze the company's bank account. Preliminary findings indicated that the account held proceeds of crime, leading to the freeze confirmed on January 30, 2026, to prevent dissipation of said funds. On February 12, 2026, the company challenged EOCO's mandate through a court review order. However, EOCO maintains that the court did not consider Section 38 of Act 804, which aims to preserve funds reasonably believed to be proceeds of crime from dissipation while investigations are ongoing.
The Office emphasised that no charges have been filed yet, as the investigation remains active. Contrary to media reports suggesting otherwise, SESI-EDEM Company Limited has not been charged before a court of competent jurisdiction. EOCO warned that it would take decisive action following the directors' refusal to cooperate, stating that lawful means would be used to locate, identify, and arrest the directors of SESI-EDEM Company Limited.