The Ghana Gold Board (GoldBod) has suspended the license of Evanex Gold Enterprise, a licensed Tier 2 gold buying company, over alleged involvement in illegal pricing.
In a compliance notice issued on Thursday, August 28, GoldBod explained that the decision followed investigative findings that revealed that the company had breached the terms and conditions of its license.
“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 Evanex Gold Enterprise forthwith,” the statement read.
The regulator emphasized that the suspension takes immediate effect, warning that any dealings with the company could attract sanctions.
GoldBod further assured stakeholders of its commitment to cleaning up the gold trading sector.
“GoldBod remains committed to enforcing the laws and regulations that govern the gold trading sector in the spirit of accountability and transparency,” the statement added.
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