{
  "id": 459549,
  "title": "Nobody can claim GoldBod has made losses, not even IMF – Sammy Gyamfi",
  "url": "https://urgent.news/2026/08/10/nobody-can-claim-goldbod-has-made-losses-not-even-imf-sammy-gyamfi",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-10T09:33:33.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/nobody-can-claim-goldbod-has-made-losses-not-even-imf-sammy-gyamfi/"
  },
  "original_language": "en",
  "account": "Sammy Gyamfi, the CEO of the Ghana Gold Board (GoldBod), has firmly denied allegations that the institution has suffered financial losses, asserting that its records prove otherwise. He stated that GoldBod's financial standing can be confirmed through its audited financial statements, which would withstand examination by both local and international parties. Gyamfi expressed confidence in the institution's prudent management and the continued financial health of GoldBod since it assumed a broader role in Ghana's gold sector. During a recent Twitter Spaces discussion on August 9, he stated unequivocally, \"Nobody can ever say that GoldBod has made a loss, including the IMF.\" Gyamfi added, \"Those who wish us doom will be put to shame,\" emphasizing that GoldBod's financial records would ultimately resolve any doubts about its performance. He had previously confirmed that GoldBod had never recorded a loss and that the audited financial statements were accessible on the organization's website. He also maintained that the institution operates with \"modesty and prudence\" as it takes on increased responsibility for Ghana's gold trade. The International Monetary Fund (IMF) has previously questioned a $1.7 billion loss reported by GoldBod, clarifying that the figure represents an accounting cost, not a loss incurred by GoldBod.",
  "summary": "The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has rejected claims that the institution has suffered financial losses, insisting that its records show otherwise. Mr Gyamfi said GoldBod’s financial position could be verified through its audited financial statements, which he believes would stand up to scrutiny from both local and international […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}