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Parliament rejects motion seeking to establish Ad Hoc Committee to investigate Gold-for-Reserves

Edzorna Francis Mensah by Edzorna Francis Mensah
March 27, 2026
in Politics
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Parliament rejects motion seeking to establish Ad Hoc Committee to investigate Gold-for-Reserves
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Parliament has rejected a motion to establish an Ad Hoc Committee to investigate the Gold-for-Reserves Scheme including its design, implementation, governance, financial performance, environmental and public health implications and any related matters.
The motion which was moved by the Minority Leader, Alexander Afenyo-Markin was seconded by the Member of Parliament for Atiwa East, Hon. Abena Osei Asare was mounted on Article 103 of the 1992 Constitution and Order 204,212,213,262 and 263 of the Standing Orders of Parliament. Though the Minority Caucus debated in favour of the motion, the Majority outrightly kicked against it.
The MP for Amenfi West, Hon. Eric Afful argued that the programme under investigation was established in 2022 as a Bank of Ghana initiative. He contended, however, that due to mismanagement by the previous government, the programme had not yielded results, describing it as unsuccessful and lacking visibility. He therefore called for the motion to be rejected and aborted.
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