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GoldBod CEO Sammy Gyamfi Rejects Minority Claims of Losses

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has pushed back against claims from the Minority Caucus in Parliament that the state gold-trading body is recording losses and misusing public funds.

The allegations followed the mid-year budget presentation by the Finance Minister to the House on Thursday, 23 July. Speaking after the presentation, Minority Leader Alexander Afenyo-Markin alleged that the GoldBod initiative is recording significant losses, insisting that the current administration has failed to deliver economic growth.

In a statement, Gyamfi said GoldBod recorded an operational surplus of GH¢909.7 million and an overall surplus of GH¢5.44 billion for the 2025 financial year. He said the figures are contained in GoldBod’s 2025 audited Annual Report and Financial Statements, prepared by the Auditor-General and published on the organisation’s website.

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