The Minister of Finance, Dr Cassiel Ato Forson, has inaugurated the Gold Board Tribunal, tasked with handling appeals related to decisions of the Ghana Gold Board (GoldBod), including licensing matters and rulings from the Dispute Resolution Committee.

The ad-hoc tribunal was established under the Ghana Gold Board Act, 2025.

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The Chairperson of the tribunal, Biadala Mortey Akpadzi, together with two members, Hamidu Mariam and Justin Pwavra Teriwajah, took their oaths of office, formally underscoring the tribunal’s role as an independent appellate body whose decisions carry the same binding weight as High Court judgments. Appeals from the tribunal may be taken to the Court of Appeal.

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In his address, Dr Forson highlighted the importance of transparency and due process in Ghana’s gold sector, stressing that the tribunal would play a vital role in balancing regulatory oversight with fair treatment of industry stakeholders.

He urged the newly sworn-in members to uphold integrity, impartiality, and professionalism as they carry out their mandate.

The Gold Board Tribunal is a non-permanent, ad-hoc body convened as needed to review appeals against GoldBod decisions, particularly licensing determinations and disputes heard by the Dispute Resolution Committee.

Its structure reflects the need for both legal and industry expertise: a chairperson with a legal background or substantial experience in the gold industry, supported by two members with expertise in minerals and mining law or commerce.

Key features of the tribunal include:

• Purpose: Acts as the appeals body for GoldBod decisions, including licensing issues.

• Composition: A chairperson and two members appointed on an ad-hoc basis.

• Function: Ensures a fair and transparent review process for affected parties.

Authority: Decisions are legally binding, equivalent to High Court judgments, with further appeals allowed at the Court of Appeal.

• Establishment: Created under the Ghana Gold Board Act, 2025, which defines its structure and powers.

Members of the Tribunal:

• Chairperson: Biadala Mortey Akpadzi

• Member: Hamidu Mariam

• Member: Justin Pwavra Teriwajah

The official inauguration marks a milestone in modernising oversight mechanisms for gold licensing and dispute resolution, signalling a step toward standardised, high-quality adjudication in the gold trading industry.



SSD/MA