President of Ashgold Kwaku Frimpong banned 10 years from all football related activities and fined 100k by Ghana Football Association due to involvement in betting and match fixing.
His son, Emmanuel Frimpong, who is the CEO, is banned 8 years and fined GHS50k for their involvement in match manipulation.
Ashanti Gold Sc is currently Demoted to division 2. Dr. Kwaku Frimpong’s acquisition of Ashantigold has been ill-fated. He has condemned the club to a fate beyond repair. The people of Obuasi deserve better. One man’s greed has ruined a prestigious enterprise. Sad Day.