- The CEO of Global Resources Company Limited has described Ghana as becoming unconducive for foreign investments
- Barbieri blames some officials of the Ghana Police Service of defrauding his company
- He called for either a return of the bars of gold or the money generated from the deal, to the company
Ghana is no longer a conducive place to conduct legitimate business, according to the Chief Executive Officer (CEO) of Global Resources Company Limited, a United States licensed gold buying company.
He is of the opinion that no foreign investor should risk doing business with Ghana.
James Barbieri, whose business is in the middle of a $1.3m gold scandal, has expressed his dissatisfaction with the police, saying that the right thing ought to be done.
He accused the Ghana Police Service of being complicit in a cover up, and as such he is fearful of doing business in Ghana.
Five policemen, including the East Legon District Police Commander, Deputy Superintendent of Police (DSP) Emmanuel Basintale were detained in connection with some a number of alleged fraudulent deals, which run into several running millions of Ghana cedis.
The commander, who has been interdicted, is alleged to have led a group of officers to defraud the company under the ruse of selling thirteen gold bars to the company.
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Mr. Barbieri stated that it appeared as if the act was common knowledge among the top brass of the police, but nothing was being done about it. This was because they were involved, and as such couldn’t do anything about it. He added that the company has lost huge amounts of monies and isn’t convinced about the safety of the business environment.
The resultant effect, he argued, was that the police were protecting those guilty.
To him, Ghana was the ultimate loser because the actions of the security officials drove out investors.
He concluded by saying that the thirteen boxes of gold that were confiscated by the police, and are yet to be returned to the company, and that the police
He concluded by calling on the president of Ghana, Nana Addo Dankwa Akufo-Addo, the Inspector General of Police, David Asante Apeatu and the Director-General of the Criminal Investigations Department (CID), Bright Oduro, to pursue the matter to its logical conclusion.
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