Minority demands accountability over GH¢22bn domestic gold purchase loss
By Sarah Baafi The Minority in Parliament has renewed its call for accountability over reported losses of GH¢22 billion incurred under the Domestic Gold Purchase Programme (DGPP) in 2025. In a statement issued on Wednesday, August 19, 2026, Minority Leader Alexander Afenyo-Markin said the response by the Chief Executive Officer of the Ghana Gold Board […]
The Minority in Ghana's Parliament has called for accountability over reported losses of GH¢22 billion incurred under the Domestic Gold Purchase Programme (DGPP) in 2025. In a statement issued on August 19, 2026, Minority Leader Alexander Afenyo-Markin criticized the Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, for failing to adequately address concerns raised by the Minority.
The Minority argued that GoldBod's response confirmed the reported loss, as the International Monetary Fund had found a US$1.7 billion, or about GH¢22 billion, loss under the programme. The Minority also questioned the fees paid to GoldBod under the programme and the shifting funding arrangements for the Ghana National Artisanal and Small-Scale Mining Roadmap Programme, stating that the GH¢22 billion loss constituted a financial loss to the Republic and must be accounted for.
Brief written by urgent.news from GBC Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
