The Ghana Gold Board (GoldBod) has refuted claims that it recorded losses exceeding GHC3 billion in its first year of operations, describing the report by Asaaseradio as “entirely false and deliberately contrived.”
In a statement on Monday, November 17, 2025, GoldBod indicated that the publication was intended to undermine its contributions to the revitalization of Ghana’s economy.
Contrary to the allegations, GoldBod confirmed that it has been generating significant surpluses since its establishment.
The board noted that quarterly financial statements, which will soon be published on its official website, will confirm its profitability.
“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.
Below is a copy of the statement
Source: Starrfm.com.gh
