IPMC Chairman Amardeep Singh Hari Arrested Over Gold Theft Allegations
In a significant development for Ghana’s corporate sector, Amardeep Singh Hari, the distinguished Executive Chairman of IPMC, has been arrested over serious allegations of theft. The charges involve the misappropriation of gold and sensitive company documents belonging to Gold Crest Refinery Limited. This high-profile arrest, which took place in late August, has captured public attention, placing a spotlight on the legal proceedings involving one of the country’s most prominent business figures. The case stems from an ongoing investigation into activities at the gold refinery, with authorities now moving forward with formal charges against the well-known business leader.
The Arrest and Legal Proceedings
The arrest of Singh Hari reportedly occurred on August 25, 2025, at Accra’s Kotoka International Airport upon his arrival from South Africa. According to a report by thechronicle.com, law enforcement acted on an arrest warrant that was issued after the Ghana Police Service made several unsuccessful attempts to secure his cooperation with their investigation. The necessity of a warrant underscores the authorities’ determination to proceed with the case. Following his arrest, Singh Hari was arraigned before a court on August 26, 2025, where he formally entered a plea of not guilty to all charges brought against him. The case, which is being heard by a court presided over by Kwabena Kodua Obiri-Yeboah, also involves a second individual. State prosecutors have identified Sannamdeep Singh Hari as an alleged accomplice who is currently evading law enforcement. The prosecution alleges that the two men conspired to dishonestly appropriate 23 kilograms of gold from the refinery.
With Amardeep Singh Hari pleading not guilty, the stage is set for a significant legal battle. The case against the IPMC chairman is a major test for Ghana’s justice system, especially concerning corporate crime allegations involving high-profile individuals. As the search for the second suspect continues, the business community and the public will be keenly observing the court proceedings to see how this complex case of alleged gold theft unfolds. The outcome will undoubtedly have lasting implications for corporate governance and accountability within the nation.
Keywords
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