I’ll respond and clarify problems about the IMF’s reported loss of $214 million under Gold for Reserves on January 5

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Mr Sammy Gyamfi, the CEO of GoldBod, has stated that on January 5, 2026, he will respond to claims regarding claimed losses under Ghana’s gold for reserve program.

The state could lose about $300 million under the scheme by the end of the year, according to a statement made on social media on Monday, December 29, 2025, in response to a press conference by the Minority Caucus in Parliament.

The International Monetary Fund’s stated $214 million loss under the Gold for Reserves initiative, which the Bank of Ghana is implementing alongside GoldBod, previously the Precious Minerals Marketing Company, is the subject of Mr. Gyamfi’s comments.

“As I have already served notice, I will effective Monday, January, 5, 2026 be responding and clarifying issues surrounding the IMF’s reported loss of $214 million,” Mr Gyamfi wrote.

Mr. Gyamfi stated that after the Minority Caucus made statements at a news conference on Monday that he believed did not accurately represent the situation, he made the decision to share what he called preliminary data.

A full copy of the response is provided below:

Source: newsthemegh.com