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‘They found the wrong target’ – Sammy Gyamfi hits back at Afenyo-Markin

Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has accused Minority Leader Alexander Afenyo-Markin of using what he describes as a sustained campaign of allegations against the institution to exert pressure on its management.

‘They found the wrong target’ – Sammy Gyamfi hits back at Afenyo-Markin

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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