General News of Sunday, 4 January 2026Source: gbcghanaonline.comChief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has dismissed allegations that his institution recorded losses under the Gold-for-Reserves programme, revealing a substantial financial surplus for 2025 instead. During his appearance on Newsfile on Saturday, January 3, Gyamfi refuted reports of a US$214 million deficit as completely inaccurate. He disclosed that GoldBod generated over GH¢960 million in revenue last year against expenditures under GH¢120 million, according to preliminary unaudited management accounts. He further rejected assertions that GoldBod shifted losses to the Bank of Ghana, calling the claim nonsensical. Gyamfi questioned why pre-existing programme losses were being pinned on GoldBod, insisting they have meticulously accounted for every cedi from BoG, delivered equivalent gold value, and collected only authorised agency fees.

Source: GhanaWeb January 04, 2026 09:23 UTC