Close Menu
MyGhanaDaily
    Facebook X (Twitter) Instagram
    MyGhanaDaily
    Wednesday, October 28
    Trending
    • Strategic Synergy: How Ghana and Saudi Arabia Are Forging a New Era of Infrastructure, Energy, and Continental Leadership
    • La beachfront will remain open to the public after clean-up — SSNIT assures
    • SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts
    • Agriculture Minister Urges Finance Ministry to Reverse FSRP Withdrawal Over GH¢643m Risk
    • The Gambia defeat doesn’t make me a loser – Carlos Queiroz
    • Ghana must de-risk SME environment to boost lending – GAB
    • What Ghana Said at the 81st UNGA 2026
    • Ghana Signs MoU with the City of Columbus to Establish Ghana-Columbus Nursing Partnership Programme
    Janelle Coronation
    • News
    • Business
    • Entertainment
      • Music
      • Movies
      • Fashion
      • Celebrity news
    • Sports
    • Health
    • Technology
    • Agriculture
    • Opportunities
    • Videos
    • More
      • Education
      • Tourism
      • History
      • Feature
      • Opinion
      • World
    MyGhanaDaily
    Home»News»Two Chinese nationals convicted for money laundering in Ghana
    News

    Two Chinese nationals convicted for money laundering in Ghana

    myghanadailyBy myghanadailyNovember 16, 2021No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    Two Chinese nationals have been convicted for money laundering and unlawfully dealing in gold in Ghana.

    Two Ghanaians accomplices have also been convicted.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    They are Chen Hung, Chen Zhili, the two Chinese nationals and Prince Denis Aidoo and Stephen Arthur, the Ghanaian accomplices.

    Apart from Prince Denis Aidoo, the other three were charged with eight counts of offences including money laundering.

    A Tarkwa Circuit Court in the Western Region presided over by Hathia Ama Manu found each of them liable to pay a fine or in default serve prison terms ranging between 10 to 15 years.

    The case was conducted by Mrs Adelaide Kobiri-Woode with assistance from Naara Pelpuo, Ewura-Abena Tweneboa Attafuah and Emmanuella Sara Asmah, all assistants State Attorneys at the Takoradi Office of the Attorney-General.

    Chen Hubg, Chen Zhili and Stephen Arthur were found to be dealing in gold without licenses while Prince Denis Aidoo’s license had expired.

    They were charged with eight counts of offences including, conspiracy to commit a crime, to wit buying minerals without a license, buying minerals without a licence, abetment of crime, to wit buying minerals without a licence, conspiracy to commit a crime, to wit selling of minerals without a licence, selling minerals without a licence, selling minerals without a licence, abetment of crime, to wit selling minerals without a licence, conspiracy to commit the crime, to wit money laundering and money laundering.

    With the exception of Prince Denis Aidoo who was not charged under counts seven and eight –  conspiracy to commit a crime, to wit money laundering and money laundering – the rest were charged on all eight counts.

    The Circuit Court convicted them on November 5, 2021.

    A statement from the Attorney General’s Office said the Circuit Court on 5th November 2021 convicted and found the two Chinese nationals liable to pay a fine of 120,000 penalty units (GH¢1,440.000.00) each or in default serve 15 years each in prison.

    “The two Ghanaians were also fined 100,000 and 120,000 penalty units (GH¢1,200,000.00 and GH¢1,440,000.00) respectively, or in default, serve prison terms of l0 years and 15 years respectively.”

    Additionally, the court issued an order to confiscate the 11 kg gold, three laptops, chargers, rifles, and an amount of GH¢788,736 to the State.

    Thirty per cent of the proceeds will be paid to the Judicial Service, 15 per cent to the Office of the Attorney General, and 10 per cent to the National Security.

    “The amount outstanding is to be paid into the Consolidated Fund and evidence of same must be forwarded to the court by November, 17th, 2021,” the statement added.

    The court also gave Chen Hung a month to regularize her permit to stay in Ghana as it had expired or face immigration proceedings.

    The court has subsequently directed the Attorney-General and Precious Minerals Marketing Company (PMMC) to ensure that the Orders are carried out.

    Chen Hung. Chen Zhili and Stephen Arthur were found to be dealing in gold without licenses while Prince Denis Aidoo’s license had expired.

    The statement added that “the conviction of these criminals, and more in recent times, epitomizes the Attorney-General’s commitment to make crime an unattractive enterprise.”

    Source: www.graphic.com.gh

    Send your news stories to
    Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140
    Advertise with us | Follow our WhatsApp channel for more news
    Chinese nationals gold dealing money laundering
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWe will position Ghana as a chocolate hub by 2030 – COCOBOD boss
    Next Article GHS to administer Pfizer vaccine to persons aged 15 and above
    myghanadaily

    myghanadaily is managed by the Publishing Desk. You can reach us via email; info@myghanadaily.com

    Related Posts

    La beachfront will remain open to the public after clean-up — SSNIT assures

    October 3, 2026

    SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts

    October 3, 2026

    Agriculture Minister Urges Finance Ministry to Reverse FSRP Withdrawal Over GH¢643m Risk

    September 30, 2026
    LATEST NEWS
    • Strategic Synergy: How Ghana and Saudi Arabia Are Forging a New Era of Infrastructure, Energy, and Continental Leadership
    • La beachfront will remain open to the public after clean-up — SSNIT assures
    • SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts
    • Agriculture Minister Urges Finance Ministry to Reverse FSRP Withdrawal Over GH¢643m Risk
    • The Gambia defeat doesn’t make me a loser – Carlos Queiroz
    SPORTS NEWS

    The Gambia defeat doesn’t make me a loser – Carlos Queiroz

    September 30, 2026

    Teenager Gwen Klu to Represent Ghana at Billie Jean King Cup in Botswana

    July 13, 2026

    MILO U-13 Champions League Returns After Five-Year Break

    November 17, 2025

    2026 FIFA WCQ: Ghana beats Mali

    September 9, 2025

    The Black Stars Podcast: A six-part dive into Ghana’s football history, struggles and sparks of glory

    August 30, 2025
    Site Search
    • About
    • Privacy
    • Terms of Service
    • Contact
    Latest News

    La beachfront will remain open to the public after clean-up — SSNIT assures

    October 3, 2026

    SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts

    October 3, 2026

    Agriculture Minister Urges Finance Ministry to Reverse FSRP Withdrawal Over GH¢643m Risk

    September 30, 2026

    The Gambia defeat doesn’t make me a loser – Carlos Queiroz

    September 30, 2026
    About
    About

    myghanadaily.com is one of Ghana’s fastest-growing news platforms, delivering high-quality, creative, and independent news

    Contact us: info@myghanadaily.com

    We're social, connect with us:
    [social]
    [social]
    [social_icon link="https://web.facebook.com/myghanadaily" target="_blank" title="Facebook" type="facebook" /]
    [social_icon link="https://twitter.com/myghanadaily" title="Twitter" type="twitter" /]
    [social_icon link="https://www.instagram.com/myghanadaily/" title="Instagram" type="instagram" /]
    [social_icon link="https://www.linkedin.com/company/ghanadaily/?viewAsMember=true" title="LinkedIn" type="linkedin" /]
    [social_icon link="https://www.youtube.com/channel/UC_7Vo_hD-KN5TelebUlHthw?view_as=subscriber" title="Youtube" type="youtube" /]
    [social_icon link="https://medium.com/ghana-stories" title="medium" type="medium"]
    [/social]

    Popular Posts

    Strategic Synergy: How Ghana and Saudi Arabia Are Forging a New Era of Infrastructure, Energy, and Continental Leadership

    October 3, 2026

    La beachfront will remain open to the public after clean-up — SSNIT assures

    October 3, 2026

    SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts

    October 3, 2026

    © 2020-2024. MyGhanaDaily. All Rights Reserved

    • About
    • Privacy
    • Terms of Service
    • Contact
    Recent Posts
    • Strategic Synergy: How Ghana and Saudi Arabia Are Forging a New Era of Infrastructure, Energy, and Continental Leadership
    • La beachfront will remain open to the public after clean-up — SSNIT assures
    • SSNIT justifies removal of unauthorised occupants from Labadi, La Palm beachfronts
    • Agriculture Minister Urges Finance Ministry to Reverse FSRP Withdrawal Over GH¢643m Risk
    • The Gambia defeat doesn’t make me a loser – Carlos Queiroz
    Like Us On Facebook
    Loading...
    • Facebook
    • Twitter
    • Instagram
    Banner
    © 2019 -2025 Copyright | MyGhanaDaily.com

    Type above and press Enter to search. Press Esc to cancel.