Ghana’s top gold industry regulator has suspended the operating license of NK Benak Enterprise, a Tier-2 licensed gold buyer, and ordered the immediate closure of all its trading outlets nationwide, citing alleged involvement in a series of gold-related offenses.
The Ghana Gold Board (GoldBod), in a statement released Tuesday, said the disciplinary action follows the arrest and ongoing prosecution of the company’s sole proprietor, Bernard Nkrumah. The matter is currently 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 regulator stated.
GoldBod said the suspension underscores its commitment to enforcing legal and regulatory compliance within Ghana’s gold trading ecosystem. The agency warned it will pursue similar measures against any firms found to be in violation of industry standards.
The crackdown comes as part of broader efforts by Ghanaian authorities to bolster transparency and accountability in one of the country’s most lucrative sectors. Gold remains Ghana’s top export, making the integrity of its trade systems a focal point for regulators and investors alike.
Source:TheDotNews