The Ghana Police Service has uncovered that a disputed GH¢400,000 mobile money transaction at the centre of a high-profile complaint is linked to proceeds from a suspected gold robbery and fraud scheme.
The development follows investigations initiated by the Police Professional Standards Bureau (PPSB) on the directive of the Inspector-General of Police, Christian Tetteh Yohuno, into claims of an unauthorised withdrawal from a mobile money account belonging to Kumasi-based merchant Derrick Okyere Dapaah, also known as “Pablo.”
Police say the funds form part of a larger transaction involving a gold deal gone wrong. According to investigators, on December 8, 2025, a complainant, Francis Ayaaba from Ejisu, reported that he had been lured to a location at Ntoaso near Nsawam under the pretext of purchasing gold.
He told police he paid GH¢500,000 in cash and transferred an additional GH¢400,000 via mobile money. Shortly after the transaction, armed men allegedly stormed the premises and robbed him of the gold.
Subsequent investigations traced the GH¢400,000 transfer to mobile money accounts linked to Derrick Okyere Dapaah, who is said to have moved the funds across two additional accounts under his control.
The money was later withdrawn by a suspect, Abudu Dauda, using a Ghana Card bearing the name Isagali Promise. He reportedly told investigators he acted on the instructions of one Alhaji Ibrahim.
Police secured court orders to freeze the affected mobile numbers, reverse the transaction, and retrieve the funds as exhibits pending the outcome of the case.
Further investigations led to the arrest of four suspects: Abudu Dauda, Prince Ofori, William Nene Sakitey Osabotey identified as a goldsmith and owner of the premises where the transaction took place and Derrick Okyere Dapaah, who has been charged with abetment of crime.
All four accused persons have been granted bail and are expected to reappear in court on April 29, 2026.
Meanwhile, police say efforts are ongoing to apprehend two additional suspects, identified as Alex and Alhaji Ibrahim, who remain at large as investigations continue.
