GoldBod only charged BoG approved assay fees – Sammy Gyamfi
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has clarified that the assay fees charged by the institution were not fees created by him or GoldBod, but were approved charges forming part of the board’s operations.
Ghana Gold Board (GoldBod) CEO Sammy Gyamfi has clarified that the assay fees charged by the institution are not arbitrary charges imposed by the management, but are approved fees that form part of the board's operational costs. According to Gyamfi, these fees are subject to parliamentary approval and are applicable to gold-buying transactions, rather than being specific charges on the Bank of Ghana (BoG).
The CEO emphasized that GoldBod's role involves assessing and determining the quality and value of gold presented for purchase, for which the approved assay charge is applicable. This clarification comes amid discussions about the operations and charges associated with GoldBod's activities since its establishment under the current administration.
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