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Bawumia fortifies Afenyo-Markin, urges Minority to stay focused on alleged $1.7bn BoG/GoldBod Loss

Edzorna Francis Mensah by Edzorna Francis Mensah
August 24, 2026
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Bawumia fortifies Afenyo-Markin, urges Minority to stay focused on alleged $1.7bn BoG/GoldBod Loss
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Minority Leader Osahene Alexander Afenyo-Markin says New Patriotic Party (NPP) flagbearer Dr. Mahamudu Bawumia has expressed full confidence in his leadership of the Minority in Parliament.

 

Mr. Afenyo-Markin disclosed that he held a meeting with Dr. Bawumia on Monday morning at his private residence in Accra to discuss party matters and the agenda before the Minority as Parliament reconvenes for an emergency sitting called by the Speaker.

According to a statement from the Minority Leader, the discussions centred on the reported loss of over $1.7 billion, equivalent to 1.5% of Gross Domestic Product (GDP), arising from the operations of GoldBod and the Bank of Ghana under the Domestic Gold Purchase Programme.

 

The figure, he noted, has been confirmed by the International Monetary Fund’s (IMF) August 2026 report.

 

“Dr Bawumia expressed his full confidence in my leadership of the Minority. He urged me to remain focused on the loss of over $1.7 billion… He cautioned me against being distracted by attempts to divert public attention from it,” Afenyo-Markin wrote.

 

He said Dr. Bawumia called on the Minority, under his leadership, to do everything within the rules of the House to ensure the Mahama government is held fully accountable to the people of Ghana for the loss, and commended the Minority for its efforts so far.

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The Effutu MP said he assured the flagbearer that the Minority considers the issue a national task.

 

“I assured him that this is a national task the Minority intends to prosecute to the fullest extent of our ability, with the very best of intentions, and minded always by the interests of the Ghanaian people. I further informed him that this colossal loss, under the watch of GoldBod and the Bank of Ghana, is firmly on the Minority’s agenda as Parliament reconvenes today.”

 

“We remain resolute in this commitment, and we will not relent until the Ghanaian people receive the answers they deserve,” he added.

 

The meeting comes amid heightened political tension over the operations of the Ghana Gold Board (GoldBod) and the Bank of Ghana’s gold purchase programme, and following extortion allegations made against the Minority Leader by GoldBod CEO Sammy Gyamfi, which the United Party has petitioned state institutions to investigate.

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Bawumia fortifies Afenyo-Markin, urges Minority to stay focused on alleged $1.7bn BoG/GoldBod Loss

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