The Ghana Gold Board (GoldBod) has issued a scathing rebuttal against what it describes as a “desperate” smear campaign involving allegations of procurement breaches and inflated pricing.
In a detailed statement released by Media Relations Officer Prince Kwame Minka, the Board clarified two major claims circulating on social media regarding a multi-million cedi office renovation and the purchase of high-end laptops.
The controversy marks the first major public relations challenge for the newly established GoldBod, which was formed in April 2025 to replace the defunct Precious Minerals Marketing Company (PMMC).
One of the primary allegations suggested that GoldBod had awarded an GHS 11 million renovation contract to a company owned by Mr. Stan Dogbe via sole sourcing.
GoldBod categorically denied this, explaining that the transition from the “dilapidated” Diamond House to the old Bank of Ghana (BoG) Head Office at No. 1 Thorpe Road was a necessity following the recruitment of 300 new staff members.
The Board provided the following timeline and facts that the project used Restricted Tendering, not sole-sourcing.
The Public Procurement Authority (PPA) granted approval for this method on June 24, 2025.
Three entities bid for the work, and Correca Ghana Limited was the successful bidder.
The Board noted that the contract was proactively published on its official website on March 10, 2026, dismissing claims that the documents were “intercepted” by whistleblowers.
The second wave of criticism targeted the procurement of 15 laptops for a total of GHS 322,500.
Social media users alleged the price of GHS 21,500 per unit was grossly inflated.
GoldBod countered this by highlighting the specific technical requirements for its new Directors.
The devices are Lenovo ThinkPad T14S (Core i7, 16GB RAM, 512GB SSD).
The Board stated that the unit price of GHS 21,500 is inclusive of all taxes and actually sits slightly below the supplier’s listed open market price of GHS 21,505.
While this specific deal was single sourced from Messrs GET4LESS Ghana Limited, GoldBod defended the move, citing an “urgent need” and the fact that GET4LESS was the only supplier with sufficient immediate stock.
”The suggestion by some fake news merchants that they have intercepted the said contract documents is totally false and reflects their desperation to smear the GoldBod,” the statement read.
The Ghana Gold Board emphasized that under Section 42(1)(c) of the Ghana Gold Board Act, 2025 (ACT 1140), it is legally mandated to publish its contracts.
By making these documents public on March 10, the Board argues it has operated with a level of transparency that renders “leaked” document claims moot.
The Board has urged the public to verify information via their official website before sharing potentially defamatory content.
By 1960news.com
