The Ghana Gold Board (GoldBod) has uncovered one of the largest gold smuggling operations in the country’s history, leading to arrests, prosecutions, and a bounty on key suspects still at large.
At a press briefing at GoldBod’s Accra headquarters on Tuesday, September 16, CEO Sammy Gyamfi Esq. revealed that the investigation stemmed from a tip-off by a patriotic whistleblower.
On August 27, 2025, authorities apprehended Abdul Razak Seidu at Winneba Junction in possession of 9.2 kilograms of gold valued at approximately GH₵10.2 million.
Subsequent investigations linked the smuggling network to NK Bernak Enterprise, operated by licensed gold buyer Bernard Nkrumah in Tarkwa, and Rafmoh Gold Ltd, identified as the syndicate’s mastermind.
Investigators established that over the past two months, the network illegally purchased more than 100 kilograms of gold worth over GH₵100 million through NK Bernak Enterprise.
Three suspects – Abdul Razak Seidu, Bernard Nkrumah, and Ibrahim Aremeyaw – have been arraigned before the High Court on charges including facilitating gold smuggling, smuggling gold, and transporting gold without authorization.
After two weeks in NIB custody, the trio was granted bail, though conditions remain unmet.
Four other suspects – Rafeeq Mohammed Nandoli (aka Salam), Muhammed Afsah Puthalan, Abdul Karim, and Sadique Abubakar – are still at large.
GoldBod, in collaboration with the Ghana Police Service, has issued arrest warrants for each and announced a GH₵1 million bounty per fugitive.
The public is urged to provide information to the nearest police station or GoldBod offices on High Street, Accra, or via toll-free numbers 0800 44 653 or 0800 44 654.
In addition, GoldBod has suspended the license and shut down NK Bernak Enterprise’s Tarkwa offices and Rafmoh Jewelry at Palace Mall, Accra, due to their involvement in the smuggling network.
Mr. Gyamfi reaffirmed GoldBod’s commitment to maintaining transparency and integrity in Ghana’s gold trade, warning that anyone involved in illegal gold trading, hoarding, or smuggling will face strict legal consequences.
Source: Starrfm.com.gh
