Afenyo-Markin welcomes call by James Agalga to probe gold losses beyond 2025
The Majority Leader, James Agalga, is demanding a broader probe into Ghana’s Domestic Gold Purchase Programme.
Minority Leader Alexander Afenyo-Markin has expressed support for Majority Leader James Agalga's call for a broader investigation into the gold losses. Afenyo-Markin believes that such an investigation will provide closure to the issues surrounding the gold losses and help all parties understand the entire programme. Speaking to TV3, Afenyo-Markin stated that the oversight by parliament, including the Bank of Ghana, the IMF, the Auditor General, off-takers, and aggregators, will enable them to confirm the bone of contention.
Agalga, in a recent interview with Joy News, emphasized that any investigation limited to 2025 would not provide a complete picture of the Domestic Gold Purchase Programme. He argued that the probe should cover the period from 2021, when the programme began, rather than focusing solely on GoldBod's operations in 2025. Agalga highlighted that limiting the investigation to 2025 would be problematic due to the ongoing agreement between the Precious Minerals Marketing Company (PMMC) and the Bank of Ghana, which dates back to 2023.
He specifically questioned whether the PMMC purchased dore gold at forex bureau rates instead of Bank of Ghana rates in 2021, as this could account for some of the losses.
Written by urgent.news from 3News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
