The Ghana Gold Board (GoldBod) has dismantled a sophisticated gold smuggling network linked to Rafmoh Gold Ltd and NK Bernak Enterprise, describing it as the largest such case in its history.
The operation began after a tip-off from a patriotic citizen, leading to the arrest of Abdul Razak Seidu on August 27, 2025, at Winneba Junction, where authorities recovered 9.2kg of gold worth about GH₵10.2 million.
Subsequent investigations exposed Bernard Nkrumah of NK Bernak Enterprise and Ibrahim Aremeyaw, associated with Rafmoh Gold Ltd, as key players in the syndicate.
Findings indicate that Rafmoh Gold Ltd orchestrated the illegal purchase of over 100 kilograms of gold, valued at more than GH₵100 million, from NK Bernak Enterprise over just two months.
The three suspects currently in custody have been arraigned before the High Court on charges including gold smuggling, transporting gold without authorization, and facilitating illegal trade. Although granted bail after two weeks in NIB custody, their conditions are pending completion.
Four additional suspects—Rafeeq Mohammed Nandoli (aka Salam), Muhammed Afsah Puthalan, Abdul Karim, and Sadique Abubakar—remain at large. GoldBod and the Ghana Police Service are pursuing them and have issued GH₵1 million bounties for each.
The public is urged to report any information on their whereabouts.
In the meantime, GoldBod has suspended the licenses of NK Bernak Enterprise and closed its Tarkwa offices. Rafmoh Jewelry in Accra’s Palace Mall has also been shut down due to its ties to the smuggling network.
GoldBod CEO, Sammy Gyamfi Esq., reiterated the agency’s commitment to restoring integrity in Ghana’s gold trade, warning that all illegal activities—including hoarding, smuggling, and unauthorized trading—will be met with swift legal action.
