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GOLDBOD gave Auditor-General full access to financial records – Sammy Gyamfi claims
August 19, 2026
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GOLDBOD gave Auditor-General full access to financial records – Sammy Gyamfi claims

Money
Policy

Key Points

  • GOLDBOD CEO Sammy Gyamfi has denied claims that the institution withheld financial information from the Auditor-General during the audit of its 2025 accounts.
  • Minority Leader Alexander Afenyo-Markin had questioned GOLDBOD’s reported GHC5.44 billion overall surplus and suggested incomplete disclosure.
  • Gyamfi asserted that the Auditor-General had unrestricted access to all financial records and documents, and all audit queries were satisfactorily addressed.
  • He highlighted that the official audit report contained no adverse findings, including those related to alleged losses, procurement breaches, or Public Financial Management Act violations.
  • Gyamfi urged critics to rely on the audit report's findings, describing claims of non-disclosure as attempts to undermine the Auditor-General's credibility.

Why This Matters

This issue is significant for Ghana as it directly impacts public trust in the transparency and accountability of state institutions, especially those managing critical national resources like gold. Allegations of financial non-disclosure and subsequent rebuttals highlight the ongoing struggle for good governance and the integrity of financial oversight mechanisms, which are crucial for maintaining investor confidence and ensuring responsible use of public funds.

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