By Christopher Arko, GNA
Accra, Aug.20, GNA – Mr Sammy Gyamfi, the Chief Executive Officer of the Ghana Gold Board (GoldBod), has denied claims by the Minority that the GoldBod failed to provide the Auditor-General with complete financial information for its 2025 accounts.
Speaking during the Government’s Accountability Series on Wednesday, he explained that the audit report from the Auditor-General had no adverse findings against the GoldBod, including any findings on alleged losses, procurement breaches, or violations of the Public Financial Management Act.
Mr Gyamfi was responding to a statement by the Minority Leader, Mr Alexander Afenyo-Markin, who questioned the GH₵5.44 billion overall surplus reported by GoldBod and suggested that the Auditor-General may not have received the full financial picture of its operations.
The Auditor-General’s report recorded an operational surplus of GH₵909.7 million and an overall surplus of GH₵5.44 billion for the 2025 financial year.
Mr Gyamfi also explained that the Auditor-General, during its audit, had unrestricted access to all relevant documents for its work.
He urged the media to verify the claim with the Auditor-General, insisting that all documents requested by the audit team were provided and queries raised in the management letter were satisfactorily addressed.
Mr Gyamfi described the claims of incomplete disclosure as an attempt to undermine the credibility of the Auditor-General’s work and urged critics to rely on the findings in the official audit report.
“They now claim that the Auditor-General did not have access to the full picture concerning the operations of GoldBod. This position betrays either a lack of understanding of how an external audit is conducted, or a deliberate determination to undermine yet another independent state institution when its findings do not suit their narratives,” he said.
Mr Gyamfi also insisted that the audited accounts should form the basis for assessing GoldBod’s financial performance rather than what he described as “politically motivated claims.”
GNA
Edited by Agnes Boye-Doe
Writer: Christopher Arko