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GoldBod losses remain key on Minority agenda as Parliament reconvenes – Afenyo-Markin
August 24, 2026
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GoldBod losses remain key on Minority agenda as Parliament reconvenes – Afenyo-Markin

Money
Policy
Growth

Key Points

  • The NPP Minority Leader, Alexander Afenyo-Markin, reaffirmed the caucus's commitment to investigate a reported US$1.7 billion loss linked to the Bank of Ghana’s Domestic Gold Purchase Programme and the Ghana Gold Board (GoldBod).
  • This commitment was reiterated after Afenyo-Markin met with NPP flagbearer Dr Mahamudu Bawumia in Accra.
  • Dr Bawumia commended the Minority Caucus for its accountability efforts and encouraged their continued work.
  • The reported loss, equivalent to about 1.5% of Ghana’s GDP, will be a key issue for the Minority as Parliament reconvenes.
  • The Minority is resolute in pursuing the matter to get answers for the Ghanaian public regarding the circumstances of the loss.

Why This Matters

The reported loss of US$1.7 billion, equivalent to 1.5% of Ghana's GDP, is a significant financial blow that could impact national development and economic stability. An investigation into this matter is crucial for ensuring accountability, transparency in public institutions like the Bank of Ghana, and maintaining public trust in the management of national resources. It also highlights the importance of robust oversight mechanisms to prevent future financial malpractices.

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