Ghana Gold Board refutes false GH¢200m loss claim and launches digital gold investment product

The Ghana Gold Board (GoldBod) publicly denied circulating rumors that it lost GH¢200 million to a company linked to an alleged bodyguard of its chief executive, Sammy Gyamfi. GoldBod clarified that the claims were fabricated, stating there is no personal connection between Gyamfi and Dominic Bonsu, the proprietor of Dominic Bonsu Ventures. The regulator explained that the firm’s gold‑trading licence was suspended in July 2026 for regulatory breaches, and Bonsu has been arrested and remanded by the High Court in Accra.

In a separate development, GoldBod announced plans to introduce a tokenised, gold‑backed digital investment product. The initiative aims to broaden ownership of Ghana’s mineral wealth, attract African and diaspora investors, and keep more value from gold exports within the country. Ghana generated about US$20 billion from gold exports in 2025, more than double the previous year, with the artisanal and small‑scale mining sector contributing roughly US$10.8 billion. CEO Sammy Gyamfi presented the digital product at the EMY Africa Rising Symposium in London, describing it as a step toward transforming gold into a financial asset for long‑term capital mobilisation.