GH¢22bn Gold Sales Loss: I Want To Appear In Parliament – Sammy Gyamfi

Sammy Gyamfi, the CEO of the Ghana Gold Board (GoldBod), has challenged the Minority Leader, Alexander Afenyo-Markin, to use parliamentary processes to invite him to clarify claims of a GH¢22bn loss under the Bank of Ghana's Domestic Gold Purchase Programme (DGPP). Speaking at a Government Accountability Series in Accra, Gyamfi urged Afenyo-Markin to move beyond press conferences and initiate a parliamentary inquiry into the matter, as the Public Accounts Committee (PAC) already has the authority to summon him.

GoldBod CEO Gyamfi stated that the $1.7 billion loss reported by the IMF is linked to the scaling-up of the DGPP in 2025, and not to GoldBod's operations, which were created later to oversee the programme. He urged those making the claim to provide evidence from the IMF report, as the media often inaccurately attributed the loss to GoldBod.

The CEO also referred to a government cost-sharing arrangement at the end of 2025, resulting in a breach of the Bank of Ghana's claims on the government and public entities. The IMF's July 2026 Memorandum of Understanding (MoU) between the BoG, GoldBod and the government aimed to eliminate quasi-fiscal risks to the BoG.