GoldBod Saga: Manasseh Azure reacts to Afenyo-Markin and Sammy Gyamfi banter

Investigative journalist Manasseh Azure Awuni has expressed concern over the ongoing public debate between Minority Leader in Parliament Alexander Afenyo-Markin and Ghana Gold Board (GoldBod) CEO Sammy Gyamfi over losses incurred under the government’s gold purchase programme. The debate follows an August 2026 report by the International Monetary Fund (IMF), which revealed that the Domestic Gold Purchase Programme (DGPP) recorded losses of more than US$1.7 billion in 2025, equivalent to about 1.5% of Ghana’s GDP. The IMF classified the amount as a revaluation loss, reflecting changes in the value of gold and foreign exchange transactions. Ejisu Car Theft: Eyewitness gives account of how car snatcher got arrested Commenting on the matter, Azure noted that Afenyo-Markin’s recent claim that the losses were incurred under the Bank of Ghana’s Gold Purchase Programme, with GoldBod playing a role, represents a major shift that could affect accountability. He stressed that the focus should not be on whether the losses were incurred by GoldBod or the Bank of Ghana, but rather on ensuring accountability and preventing similar losses in the future. “Does this shift not weaken what could otherwise have been a legitimate demand for answers from those who caused the losses? And why is the Bank of Ghana missing in the quest for accountability? “Before GoldBod was formed, trading was ongoing, and the Bank of Ghana was incurring losses. “The current loss is bigger than before, and we should demand answers and find ways to forestall or minimise future losses. Whether the loss was caused by GoldBod or the Bank of Ghana should concern us,” he wrote in a Facebook post on August 23, 2026. Azure further condemned the personal attacks between Gyamfi and Afenyo-Markin, arguing that malicious allegations have distorted the primary goal of ensuring accountability. “However, the approach adopted by those asking the questions seems to have weakened the arm of accountability. As it stands, whatever legitimate questions and critical discussions people were having on the matter have been marred. “The matter has been reduced to Sammy Gyamfi and GoldBod. And now allegations of extortion against Afenyo-Markin,” he added. Meanwhile, the Minority Leader has threatened legal action over extortion allegations made by the GoldBod CEO, insisting that he must safeguard his reputation. Read the post below: SB/MA #TrendingGH: 'We have used it for years' - Traders speak on Ethemax use Source: www.ghanaweb.com
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