GoldBod disputes GH₵3bn loss accusations, describes claims as entirely false and deliberately misleading
The Ghana Gold Board (GoldBod) has issued a strong denial of allegations that it incurred losses exceeding GHC3 billion in its first year of operations, dismissing the Asaaseradio report as “entirely false and deliberately contrived.”
In a statement released on Monday, November 17, 2025, GoldBod maintained that the publication aimed to tarnish its reputation and undermine its significant contributions to Ghana’s economic growth.
Contrary to these allegations, GoldBod confirmed that it has consistently generated significant surpluses since its inception.
The board emphasized that its quarterly financial statements, soon to be published on its official website, will confirm its financial performance.
“The GoldBod wishes to put on record, that the publication under reference is entirely false and deliberately contrived to undermine the successes and significant contribution of the GoldBod to the revitalization of Ghana’s economy.”
The GoldBod urged the public to dismiss the Asaaseradio report and called on the station’s management to issue a retraction and an unqualified apology for spreading what it termed a misleading and unethical publication.
