Ghana Gold Board oversees the buying and selling of gold
The Ghana Gold Board (GoldBod) has suspended the license of NK Benak Enterprise, a licensed gold buyer (Tier 2), and ordered the immediate closure of all its trading shops across the country.
In a statement issued on Tuesday, September 16, 2025, GoldBod explained that the decision followed the company’s alleged involvement in multiple gold-related offences.
According to the Goldbod, these offences led to the arrest of the sole proprietor of NK Benak Enterprise, Bernard Nkrumah, who is currently facing prosecution before the High Court.
“Notice is hereby given to all licensed traders, miners, and the general public to desist from trading and/or engaging in any form of gold transaction with NK Benak Enterprise forthwith,” the statement said.
Smuggling syndicate worth $10 million uncovered by GoldBod
GoldBod emphasised its commitment to enforcing the laws and regulations governing the gold trading sector, stressing that the suspension is in line with efforts to promote accountability and transparency.
The Board warned that it will not hesitate to take similar actions against any entity found to be in breach of industry regulations.
COMPLIANCE NOTICE NO. 2 SUSPENSION OF LICENSE OF NK BENAK ENTERPRISE AND CLOSURE OF ITS
TRADING SHOPS ACROSS THE COUNTRY. pic.twitter.com/xZc265erOd— Ghana GOLDBOD (@GhanaGOLDBOD) September 17, 2025
SP/SA
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