Fact-check: Did GoldBod make a loss in 2025? Here’s what the records show
A Minority Caucus press conference accused the Ghana Gold Board (GoldBod) of GH₵22 billion in 2025 losses, quoting the IMF. GoldBod's CEO called it a "barefaced lie," pointing to an audited surplus and no mention of GoldBod losses in the IMF document. JoyNews Research examined both IMF reports cited, and GoldBod's audited accounts, line by line.
The Ghana Gold Board (GoldBod) faced accusations of a GH₵22 billion loss in 2025 by the Minority Caucus. GoldBod's CEO, Sammy Gyamfi, challenged this claim by presenting audited surplus data to the Government Accountability Series. JoyNews Research investigated both IMF reports cited by the Minority and GoldBod's financial statements, revealing that while the IMF confirmed a loss for the Bank of Ghana under the Domestic Gold Purchase Programme, the figure attributed to GoldBod was not a direct loss on its books.
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