Minority fires back at Sammy Gyamfi over 'extortionist' allegation against Afenyo-Markin

The Minority Caucus in Parliament has rejected allegations made by the Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, against Minority Leader Alexander Afenyo-Markin, describing them as false.

In a statement dated August 22, 2026, and signed by Deputy Minority Leader Patricia Appiagyei, the caucus said Sammy Gyamfi made a series of public statements between August 17 and 22, 2026, in response to questions raised by the Minority regarding the financial position of GoldBod and the Bank of Ghana’s Domestic Gold Purchase Programme, which GoldBod administers.

According to the Minority, concerns over losses associated with the programme were not fabricated by the caucus but were identified in an official report by the International Monetary Fund (IMF).

“In the course of responding, Mr Gyamfi has, on more than one occasion, directed personal characterisations at Members of the Minority, including the Minority Leader. We will not respond to those characterisations in kind. We state plainly, and without qualification, that the allegations are false, and we reject them entirely,” part of the statement read.

'He's an extortionist!' - Sammy Gyamfi dares Afenyo-Markin

The caucus said it has therefore sought, and will continue to seek, a full and transparent reconciliation of GoldBod’s audited financial statements with the losses identified in the IMF report.

It maintained that the issue forms part of Parliament’s legitimate oversight responsibilities and should be addressed through facts and accountability rather than personal attacks.

The Minority said it would not respond to what it described as personal characterisations in the same manner but was emphatic in rejecting the allegations.

The caucus further argued that scrutiny of the operations and finances of public institutions is a fundamental part of democratic accountability, adding that public officials should not portray such oversight as wrongdoing.

The Minority also called for adherence to standards of civility, restraint and respect in public office, citing Ghana’s Code of Conduct and Ethics for political appointees.

It said it expects all public officials, including the GoldBod CEO, to comply with those standards and indicated that it would pursue the appropriate institutional channels on the matter.

The caucus reiterated its commitment to raising questions about the management of public assets in a factual and measured manner, consistent with the dignity of public office.

As part of its response, the Minority called on GoldBod to appear before a Parliamentary Inquiry to account fully for the losses identified in the IMF report.

“Accordingly, we call on GoldBod to appear before a Parliamentary Inquiry to account fully for the losses identified in the IMF's report and to reconcile them with its own audited financial statements, so that the public record can be settled by facts, tested under parliamentary scrutiny, rather than by accusation on either side,” the statement added.





AK/BAI