The Circuit Court in Accra has granted bail in the sum of GH¢500,000 to a 65-year-old businessman, Alhaji Dr. Nana Nura Rabiu Mohammed, who is facing charges for allegedly defrauding a Dubai-based marketing executive of $57,770 under the pretext of supplying genuine gold bars.
Presiding over the case, Her Honur Evelyn Asamoah ordered that four sureties be provided, two of which must be justified with title deeds.
The court also directed the prosecution, led by Chief Inspector Ebenezer Teye-Okuffo, to file all necessary disclosures and witness statements before the next hearing, which is scheduled for August 8, 2025.
Details of the Alleged Fraud
According to court documents, the complainant, Prince Richard Kofi Atigbor, a marketing executive residing in Dubai, first established contact with a company known as EMMA GOLD Ltd—allegedly owned by the accused—through an online business platform in December 2024.
Following a series of discussions, Alhaji Mohammed reportedly proposed a long-term gold supply arrangement, beginning with an initial shipment of five kilograms. Mr. Atigbor travelled to Ghana to meet the accused in person at his office in Dzorwulu, Accra.
Between December 2024 and March 2025, he paid a total of $57,770 to the accused for the promised gold.
Dr. Mohammed is said to have issued an assay report confirming the quality of the gold, but it was later discovered to be forged. The document bore the name of Italtec Ghana Ltd, a reputable firm unaffiliated with the accused.
The complainant was then handed a bag allegedly containing 5kg of gold by an individual identified as Seth Owusu, who is believed to be an accomplice and is currently on the run.
Fake Gold Discovered in Dubai
On March 4, 2025, Mr. Atigbor arrived at the Dubai airport with the bag, only for customs officials to determine that the contents were counterfeit. He subsequently lodged a complaint at the Ministries Police Station in Accra on April 18, 2025, leading to the arrest of Dr. Mohammed.
Investigations later revealed that the accused was not licensed to engage in gold trading at the time of the alleged transaction. A comprehensive analysis conducted by the Ghana Gold Expo Secretariat (GOLDBOD) on May 14, 2025, confirmed that the 5kg of gold bars were indeed fake.
Partial Refunds Made
Police records indicate that Dr. Mohammed refunded $12,000 to the complainant shortly after the incident and made an additional payment of $300. However, the bulk of the money remains outstanding.
The case has been adjourned to August 8, 2025, for case management and further proceedings.
