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Gold Board places GH¢1 million bounty on suspected gold smugglers
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The Ghana Gold Board has announced a GH¢1 million bounty on each of four fugitives believed to be behind a major gold smuggling syndicate.
Chief Executive of the Board, Sammy Gyamfi, told journalists in Accra that the syndicate is the most elaborate uncovered since the Gold Board was established.
He said the suspects identified as Rafik Mohamed Nandoli, also known as “Salaam,” Indian national Afsar Puthalan, and two Ghanaians, Abdul Karim and Sadiq Abubakar played key roles in moving large quantities of gold out of the country illegally.
According to Mr. Gyamfi, the syndicate financed licensed traders and used couriers to buy gold in mining areas.
The gold was then transported to Accra, where it was smuggled across borders into Togo and other destinations.
He revealed that investigations showed that Rafmore Gold Limited, owned by Salaam, had bought over 100 kilograms of gold worth more than GH¢120 million between June and August 2025, even though the company was not licensed by the Gold Board.
The Chief Executive explained that the syndicate’s operations were uncovered following a tip-off in August this year.
On August 27, 2025, a courier, Abdul Razak, was arrested at Winneba Junction with three packs of gold weighing 8.5 kilograms, valued at about GH¢10.2 million at the time. Razak confessed to being recruited by his cousin, Abdul Karim, and admitted to transporting gold for just GH¢500 per trip.
Further investigations led to the arrest of a licensed trader, Bernard Nkrumah of NK Benak Enterprise, and a Chinese national, Arin Liao. The three were arraigned in court on 5th September 2025 and later granted bail with strict conditions.
Mr. Gyamfi confirmed that Rafmore Gold Limited and NK Benak Enterprise had since been shut down, and their licenses suspended.
He warned that any licensed gold dealer who sold gold without proper receipts, or to unapproved persons, would face suspension, fines, or criminal prosecution.
He stressed that the Board was determined to fight illegal gold trading without fear or favor, regardless of the individuals’ political connections or influence.
“We are working with Interpol and national security agencies to track the four suspects, who we believe are hiding in countries such as Côte d’Ivoire, Dubai, or Togo,” he said.
He urged the public to assist by providing credible information that could lead to the arrest of the fugitives, noting that hotlines had been provided for this purpose.
Mr. Gyamfi assured that the suspects already in custody would be prosecuted to the fullest extent of the law, while the Board continues its efforts to protect Ghana’s gold resources from criminal networks.
By: Jacob Aggrey
The Office of the Special Prosecutor (OSP) has taken note of public allegations of extortion and related conduct made against the Minority Leader of Parliament, Alexander Afenyo-Markin.
The allegations were made by the Chief Executive of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
In a brief statement, the OSP said it has also received a joint petition submitted by two persons, as well as two separate petitions from other persons, in relation to the same allegations.
“Given the nature of the allegations, the OSP will assess the case and determine whether it falls within its statutory mandate and whether further investigative action is warranted,” the statement said.
The development comes amid a heated public feud between the Minority in Parliament and the leadership of GoldBod over the operations of the Domestic Gold Purchase Programme.
The Minority, led by Afenyo-Markin, has accused GoldBod and the Bank of Ghana of causing a loss of over $1.7 billion, citing the International Monetary Fund’s August 2026 report. The Minority has vowed to pursue the matter as Parliament has reconvened for an emergency sitting.
GoldBod, on the other hand, has rejected claims by some NPP MPs, including Tano South MP Dr Gideon Boako, that it owes the Bank of Ghana GH¢1 billion in overdrafts, describing the claim as “false and malicious.”
In the latest twist, GoldBod CEO Sammy Gyamfi has accused the Minority Leader of extortion and related conduct, an allegation that has triggered petitions to the OSP.
The OSP is mandated under Act 959 to investigate and prosecute specific cases of alleged or suspected corruption and corruption-related offences involving public officers and politically exposed persons.
By Edem Mensah-Tsotorme
General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has filed his nomination to contest the position of General Secretary again as the party begins its rebuilding efforts ahead of the 2028 general elections.
He was accompanied by party stalwarts and supporters who were in high spirits, expressing confidence that he is the right person to hold the position.
Speaking after filing his nomination, Mr Kodua Frimpong assured the rank and file of the party that he would not disappoint them.
“I can assure you that the faith the rank and file of the party have had in me, I will never disappoint them,” he said.
He also pledged to run a clean campaign devoid of personal attacks.
“I can assure you that our internal campaign will be devoid of personal attacks,” he told his fellow contestants and the rank and file of the party as he seeks to retain his position.
His tenure has seen the party through the 2024 general elections, where the NPP lost power to the National Democratic Congress (NDC) after eight years in government.
The party is currently in a rebuilding phase, with internal elections scheduled to elect new national executives to lead its reorganization towards the 2028 polls.
The General Secretary position is considered one of the most influential in the party’s administrative structure, responsible for the day-to-day running of the party secretariat and implementation of party decisions.
By Edem Mensah-Tsotorme
