Ghana Gold Board Denies Allegations of GHC3 Billion Loss

The Ghana Gold Board (GoldBod) has issued a press statement denying allegations of recording losses in excess of GHC3 billion in its first year of operations. The statement, released on November 17, 2025, describes the claims made by Asaaseradio as “entirely false” and “deliberately contrived to undermine” GoldBod’s successes.

According to GoldBod, the organization has been making significant surpluses/profits since its establishment and will soon publish quarterly financial statements on its official website to support this claim.

The Ghana Gold Board is urging the public to disregard the publication and has called on Asaaseradio to retract the statement and issue an apology.

Read full release below: