Let’s satisfy everyone’s curiosity – Agalga backs early GoldBod probe

Incoming Majority Leader James Agalga has supported an early parliamentary inquiry into the Ghana Gold Board (GoldBod) operations. He suggested the Parliament could utilize an ad hoc committee or the Public Accounts Committee to investigate the issues. According to Agalga, the choice of committee should be left to the Speaker, who is experienced.

He pointed out that several documents, including the Auditor-General's 2025 report, the accounts expenditure report, an agreement between the Precious Minerals Marketing Company and the Bank of Ghana, and an IMF report, contain answers to GoldBod-related questions. However, Agalga believes the probe should still occur to address Minority concerns.

He emphasized that the investigation must not be limited to 2025, requesting Parliament to examine the Domestic Gold Purchase Programme from its inception to determine how the scheme has functioned and its associated costs. Additionally, he wants the probe to assess the benefits Ghana has gained from the programme, such as reserves, currency stability, and declining inflation.

Agalga asserted that GoldBod has been integral to the government's strategy, attributing the nation's economic stability and ranking to the board's role.