Three directors of JG Resources Limited, including Papa Yaw Owusu-Ankomah, son of former Attorney-General and one-time Ghana High Commissioner to the United Kingdom Papa Owusu-Ankomah, are facing possible committal to prison following contempt proceedings before the High Court (Commercial Division) in Accra.
The two other directors cited in the application are Maame Akosua Asama Kuranchie and Kwaku Appiah Yeboah. They are expected to appear before the court on 5 March 2026.
The contempt proceedings arise from a commercial suit filed by Sesi-Edem Company Limited, a licensed gold dealership owned and led by Gabriel Tanko Kwamigah-Atokple. The company alleges that JG Resources Limited used its corporate name and the signature of its Managing Director without authorisation in connection with a Sale and Purchase Agreement for gold dore bars involving Turkish firm Tayvest-FZCO.
According to court filings, Sesi-Edem Company Limited contends that the agreement presented to investigators and third parties bears a forged signature and stamp. The company says it became aware of the document after being alerted by a journalist and subsequently commenced legal action against JG Resources Limited.
On 19 December 2025, the High Court, presided over by Justice Doris Awuah-Dabanka-Bekoe, granted interim injunctive and preservation orders in favour of Sesi-Edem Company Limited. The orders directed JG Resources Limited to freeze specified bank accounts, including an account held with Access Bank, deposit funds linked to the disputed transaction into court, and file an affidavit disclosing all related funds and assets.
An affidavit filed in support of the contempt application states that the court orders were served on JG Resources Limited on 22 December 2025 by a court bailiff.
Sesi-Edem Company Limited now alleges that none of the orders were complied with. The company says no funds were deposited into court, no affidavit of disclosure was filed, and no application was made to vary, discharge, or stay the orders.
A registry search conducted on 7 January 2026 is cited in the affidavit as confirming the alleged non-compliance.
The committal application is supported by an affidavit sworn by Marcus Bentil, Legal Director and Company Secretary of Sesi-Edem Company Limited. He argues that the failure to comply with the court’s directives amounts to wilful disobedience and undermines the authority of the judiciary.
Although the interim injunction was expressed to last for seven days, the applicant maintains that the alleged failure to obey the orders within that period constitutes a completed act of contempt for which the respondents remain liable.
The application further argues that where a company is found to be in contempt, its directors and officers may also be held personally responsible, hence the inclusion of the three directors alongside the corporate entity.
The contempt proceedings are unfolding against the background of a wider dispute involving a reported US$17 million gold transaction.
Separate complaints have been lodged with the Criminal Investigations Department of the Ghana Police Service by Tayvest-FZCO, while the Economic and Organised Crime Office (EOCO) is also conducting inquiries into aspects of the transaction. Allegations under investigation include fraud, document manipulation, and competing claims over contractual responsibility.
Company records indicate that JG Resources Limited was incorporated on 7 April 2025. Within two months of its registration, it is reported to have received the full US$17 million from Tayvest-FZCO for the supply of gold. Investigators are said to regard this timeline as unusual and a basis for heightened scrutiny.