The Member of Parliament for Tano North, Gideon Boako, has called for a bipartisan investigation into what he describes as the “criminal” sale of Ghana’s gold reserves.
Speaking in Parliament on Wednesday, March 4, during debate on the State of the Nation Address, Dr. Boako raised concerns about how part of Ghana’s gold reserves was sold between September and December 2025.
According to him, about 18 tonnes of gold were reportedly sold during that period, a situation he believes warrants thorough investigation.
Dr. Boako questioned why the gold was sold at a time when Ghana reportedly had enough foreign exchange reserves to manage its finances.
He also argued that the decision may not have been in the country’s best interest, especially given indications that Ghana might buy gold again at a higher price on the international market.
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The MP further warned that the situation raises concerns about possible insider dealings, suggesting that some individuals might have anticipated the rise in global gold prices.
“This matter must be investigated thoroughly,” he said, stressing that the issue is about protecting the country’s resources.
Dr. Boako, therefore, called on Parliament to establish a bipartisan committee, comprising members from both sides of the House, to investigate the matter.
He said such an inquiry would help ensure transparency and accountability in the management of Ghana’s gold reserves.
His call is expected to trigger further debate in Parliament as many Ghanaians continue to demand clarity on how the country’s gold reserves are being managed.
