Serious questions remain over the financial position of GOLDBOD and the H¢1.7bn losses - NPP-UK
The audit should be conducted by reputable, non-partisan experts to focus the inquest, establish the facts, and ensure the process is not politicised
The UK Branch of the New Patriotic Party (NPP-UK) has acknowledged the Speaker of Parliament, Alban Bagbin, for agreeing to a public inquiry into the significant financial losses suffered by Ghana's GoldBOD. This move is seen as a positive step towards transparency and accountability. However, the NPP-UK emphasized that for the inquiry to be credible and trustworthy, it must be based on an independent forensic audit conducted by respected, non-partisan experts.
This audit would help establish the facts, ensure the process is not influenced by politics, and expose any wrongdoing. The NPP-UK drew attention to a recent International Monetary Fund report that alleged a staggering loss of $1.7 billion by GoldBOD, raising serious questions about the management of public resources. They urged rigorous scrutiny of GoldBOD's transactions to uncover the true extent of the losses.
The NPP-UK also condemned allegations made by GoldBOD's CEO, Sammy Gyamfi, that his Minority Leader in Parliament, Alexander Afenyo-Markin, had tried to extort money from him. They pointed out that such claims must be substantiated with evidence under Ghanaian law, as extortion is a criminal offense. The NPP-UK stood in solidarity with Afenyo-Markin for his commitment to public interest and called for an independent forensic audit of all transactions carried out by GoldBOD over the past 18 months.
They also demanded an immediate investigation by the Economic and Organized Crime Office (EOCO) into GoldBOD's activities and non-partisan efforts by Operation Recover All Loots (ORAL) to ensure accountability. The NPP-UK highlighted the troubling pattern of threats, media attacks, and vilification orchestrated by Gyamfi, which only serve to distract from the crucial issue of public funds' stewardship.
They concluded that the GoldBOD affair is indicative of broader problems of waste, mismanagement, and accountability erosion under the current NDC administration, and called for a government that prioritizes transparency, discipline, and respect for public funds.
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