Minority will keep speaking boldly on GoldBod losses – Afenyo-Markin

Minority Leader and Effutu MP, Alexander Afenyo-Markin, has vowed to keep demanding answers from the Ghana Gold Board (GoldBod) over what he claims is a GH¢22 billion loss to the state.

Speaking at a press conference in Parliament on Tuesday, August 18, Mr Afenyo-Markin said the Minority would not be intimidated by criticism or attacks from GoldBod officials.

He said the Minority would continue to raise the issue because it believes the alleged loss is a serious matter of public interest and accountability.

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“So they must account for the GH¢22 billion loss. It must account for it because it amounts to causing financial loss to the state,” he said.

Mr Afenyo-Markin said the Minority would continue to speak strongly about the issue, regardless of how GoldBod officials describe or criticise them.

“GoldBod is responsible for causing financial loss to the state and the Minority will say this and say it firmly and boldly,” he said.

According to him, the Minority’s concerns are focused on how Ghana’s gold resources are being managed and the need for those responsible to explain what happened.

He also warned that anyone found to have done something wrong would eventually have to answer for their actions.

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“It doesn’t matter the adjectives that they use to describe or to attack our personalities, and we know a day of reckoning will come,” he said.

The comments come as the disagreement between the Minority and GoldBod over the institution’s finances continues to grow.

GoldBod CEO, Sammy Gyamfi, has rejected the claim that GoldBod recorded a GH¢22 billion loss. He maintains that the institution’s audited 2025 financial statements show an operational surplus of GH¢907 million and an overall surplus of GH¢5.4 billion.

The two sides therefore remain sharply divided over GoldBod’s financial position. While the Minority is demanding further explanations over what it describes as losses to the state, GoldBod insists that its audited accounts show that the institution made substantial surpluses.

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