Full text: Sammy Gyamfi’s response to Afenyo-Markin’s GoldBod allegations
The CEO of GoldBod, Sammy Gyamfi, has responded to Minority Leader Alexander Afenyo-Markin’s allegations regarding supposed losses incurred by the company. Find below the speech he presented at the Government Accountability Series on August 19:
Ghana Gold Board CEO Sammy Gyamfi has vehemently denied Minority Leader Alexander Afenyo-Markin's allegations that the institution incurred a GH¢22 billion loss in 2025. Afenyo-Markin has warned that current GoldBod officials might face stringent bail conditions if the NPP returns to power. However, Gyamfi refuted these claims, pointing to GoldBod's audited financial statements for 2025, which revealed an operational surplus of GH¢907 million and an overall surplus of GH¢5.4 billion.
Gyamfi also defended GoldBod's role in the local gold value chain, emphasizing the company's efforts to boost refining and value addition. He accused Afenyo-Markin and his associates of using a "sustained campaign of allegations" to intimidate the institution and pressure them into settling for "compulsory arbitration." Gyamfi stated that he would not be deterred by the political dispute over GoldBod, adding that "well, this time around, they found the wrong target."
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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