The Ghana Gold Board (GoldBod) has announced the arrest and prosecution of a gold smuggling syndicate involving RAFMOH Gold Ltd and NK Bernak Enterprise, with a total value of over GH¢120 million. According to GoldBod’s Chief Executive Officer, Sammy Gyamfi, this is the most elaborate gold smuggling case uncovered by the Board since its establishment.
Key Players Arrested
Abdul Razak Seidu: A Guinean courier arrested on August 27, 2025, at Winneba Junction with 9.2 kilograms of gold valued at GH¢10.2 million.
Bernard Nkrumah: A Tier 2 licensed gold buyer operating as NK Benark Enterprise in Tarkwa, arrested for supplying gold to the syndicate.
Ibrahim Aremeyaw: A key business associate of Rafmoh Gold Ltd, arrested for his involvement in the syndicate.
Suspects at Large
Four suspects are currently on the run, with a GH¢1 million bounty placed on each for information leading to their arrest:
Rafeeq Mohammed Nandoli (alias Salam)
Muhammed Afsah Puthalan
Abdul Karim
Sadique Abubakar
Enforcement Measures
GoldBod has suspended the license and closed down NK Bernak Enterprise’s offices in Tarkwa.
Rafmoh Jewellery’s outlet at Palace Mall in Accra has been shut down due to its connection to the syndicate.
Call to Action
The public is urged to report any information about the suspects’ whereabouts to the nearest police station or GoldBod’s head office. You can also call toll-free numbers 0800 44 653 or 0800 44 654. GoldBod CEO Sammy Gyamfi reaffirmed the Board’s commitment to restoring integrity to Ghana’s gold trade, warning that anyone found engaging in illegal gold trading, hoarding, or smuggling will be dealt with decisively.
