The Ghana Gold Board (GoldBod) has dismissed as “entirely false and malicious” a viral social media publication alleging that the proprietor of Dominic Bonsu Ventures absconded with GH¢200 million belonging to the GoldBod.
In a statement issued on Sunday, the Board said the news card being circulated online was deliberately intended to mislead the public and undermine confidence in its operations.
“No money lost to Dominic Bonsu”
GoldBod was categorical in its rebuttal of the claims.
“For the avoidance of doubt: Mr. Dominic Bonsu has never, at any point, served as a bodyguard or personal security officer to the Chief Executive Officer of the GoldBod, Mr. Sammy Gyamfi. Any suggestion to the contrary is completely false,” the statement read.
The Board further stated: “The GoldBod has not lost and/or advanced GH¢200 million, or any amount of money, to Mr. Dominic Bonsu or Dominic Bonsu Ventures.”
What actually happened
According to GoldBod, the real issue relates to regulatory enforcement.
The Board said Dominic Bonsu Ventures’ licence was suspended for suspected breaches of the terms and conditions of its licence, as well as the GoldBod Trading Directives, in accordance with the Ghana Gold Board Act, 2025 (Act 1140).
Following investigations and enforcement action, Mr. Dominic Bonsu was arrested and remanded into lawful custody by the High Court, Accra, where he remains subject to ongoing legal proceedings.
Call to disregard fabricated claims
GoldBod expressed concern that the false publication was designed to “distort an ongoing enforcement action and misinform the public.”
“The GoldBod is deeply concerned by the deliberate publication of falsehoods designed to distort an ongoing enforcement action, misinform the public and undermine confidence in its operations,” it said.
The Board urged the public to disregard the claims and rely only on information from its official communication channels. It also called on media organizations, bloggers and social media users to verify information before publication and to uphold standards of responsible journalism.
“The GoldBod remains committed to enforcing the laws governing Ghana’s gold trading sector fairly, professionally and without fear or favour,” the statement concluded.
