Member of Parliament for Manso Nkwanta, Tweneboa Kodua Fokuo, has described the response by the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, to the reported $214 million loss under the Gold-for-Reserves programme as “unfortunate.” The statement follows Mr. Gyamfi’s preliminary response to claims made by the Minority in Parliament regarding the Bank...
Author: Baina Media (Baina Media)
GoldBod CEO Sammy Gyamfi Rebuts Minority’s Claims on BoG Gold Losses
Chief Executive Officer of GoldBod, Sammy Gyamfi, has dismissed accusations from the Minority Caucus regarding losses under the Bank of Ghana’s Gold for Reserves (G4R) program, insisting that the initiative is a forex-generation policy rather than a profit-making venture. In a Facebook post, Gyamfi rejected suggestions that he was “equalizing” past losses under the New...
GoldBod CEO Sammy Gyamfi Defends BoG Over Gold for Reserves Losses
Chief Executive Officer of GoldBod, Sammy Gyamfi, has announced that he will formally respond on January 5, 2026 to issues surrounding the International Monetary Fund’s (IMF) reported loss of $214 million under the Bank of Ghana’s Gold for Reserves (G4R) program. In a Facebook post, Gyamfi criticized the Minority Caucus for what he described as...
Two Dead as Anthony Joshua Rushed to Hospital After Highway Collision
British boxer Anthony Joshua has been rushed to hospital following a car crash in Nigeria that has reportedly claimed two lives. The former two-time world heavyweight champion suffered minor injuries in the collision, which occurred at 11am local time on Monday along the Lagos-Ibadan expressway, according to reports. A friend of Joshua said he is...
Police Gun Down Three Suspected Armed Robbers in Ashanti Region
The Ashanti South Regional Police Command has shot and killed three suspected armed robbers in a fierce gun battle aimed at foiling a planned highway attack along the Anwiankwanta–Obuasi Highway. The suspects, identified as Seidu Issah, Musah Yakubu, and Yahaya Munkaila, also known as Tijani, were gunned down on December 24, 2025 when they converged...
Police Arrest 141 in Major Cybercrime Crackdown
The Ghana Police Service has arrested 141 suspected cybercriminals in a large-scale, intelligence-led operation targeting cyber-enabled financial crimes in parts of the Greater Accra Region. According to a press release issued by the Criminal Investigation Department (CID), the arrests were carried out on December 27, 2025, during a joint security operation involving the Cyber Security...
National Chief Imam Condemns Ho Central Mosque Shooting, Calls for Calm
The National Chief Imam of Ghana, Sheikh Dr. Osmanu Nuhu Sharubutu, has strongly condemned the shooting incident that occurred at the Central Mosque in Ho on Friday, December 26, 2025, describing the act as unfortunate and calling for restraint, justice and peaceful coexistence. In a statement issued on his behalf by Sheikh Dr. Abubakar Mohammed...
Non-payment, illegal connections hurting Ghana Water’s operations – GWL warns
The Ghana Water Limited (GWL) has raised alarm over persistent challenges that continue to undermine reliable water supply across the country, pointing to poor revenue mobilisation and widespread illegal connections as major setbacks. According to the company, many consumers have failed to pay their water bills, while water theft through illegal connections is depriving GWL...
Minority Demands Probe into $214m BoG Gold-for-Reserves Loss
The Minority in Parliament has called for a bipartisan ad-hoc investigation into the reported $214 million loss incurred by the Bank of Ghana (BoG) under the Gold-for-Reserves programme, warning that the matter raises serious concerns about accountability, transparency, and environmental governance. Addressing journalists in Accra on Monday, December 29, Ofoase Ayirebi MP, Kojo Oppong Nkrumah,...
TOR says structures in place to prevent another shutdown
The Tema Oil Refinery (TOR) has assured Ghanaians and industry experts that firm structures have been put in place to guarantee a steady supply of crude oil, addressing one of the key challenges that previously stalled the refinery’s operations. Speaking on JoyNews, Corporate Affairs Officer of TOR, Godwin Mahama, said structured Memoranda of Understanding (MOUs)...










