The NPP has joined the Minority in Parliament in demanding an investigation into GH¢22 billion losses linked to Ghana's gold trading operations. NPP Deputy General Secretary Haruna Mohammed said available reports point to GoldBod as the source of the losses, and that the relevant reports must be examined carefully to determine where the losses originated.
25 August 2026 · Joy Online →
An NPP communications team member says the alleged $1.7 billion loss from Ghana's gold purchasing operations could have funded the completion of the government's Agenda 111 hospital project, and called for authorities to explain how the funds were managed.
25 August 2026 · Joy Online →
Outgoing Majority Leader Mahama Ayariga has rejected characterisations of Ghana Gold Board financial costs as losses, arguing instead that expanded gold purchases under the Domestic Gold Purchase Programme have strengthened the cedi and moderated inflation, despite their cost to government.
25 August 2026 · Joy Online →
James Agalga, incoming Majority Leader, has defended the Ghana Gold Board against calls for a parliamentary probe into alleged losses under the domestic gold purchase programme, saying the board is prepared for scrutiny and accountability. He questioned whether a probe limited to 2025 would provide a complete picture, noting that issues surrounding the programme predate the board's current form, and cited the Auditor-General's 2025 report as containing no adverse findings against GoldBod.
25 August 2026 · Joy Online →
Incoming Majority Leader James Agalga has contested claims that the Gold Board incurred losses under its domestic gold purchasing operations, stating instead that it recorded a surplus of around 4 billion plus and is cited in the Auditor-General's report. The statement comes as Parliament's Minority pushes for an ad hoc committee investigation into what it says are losses from the government's gold trading scheme.
25 August 2026 · Joy Online →
Incoming Majority Leader James Agalga has defended the government's domestic gold purchase strategy, arguing that the Ghana Gold Board has played a key role in achieving economic gains in reserves, currency stability and inflation. Agalga said existing reports from the Auditor-General, IMF, and agreements between the Precious Minerals Marketing Company and Bank of Ghana already address questions raised by the Minority about the programme's operations and losses.
25 August 2026 · Joy Online →