Minority Leader in Parliament, Alexander Kwamena Afenyo-Markin, has cautioned that the current leadership of the Ghana Gold Board (GoldBod) could face stringent bail conditions in future when power changes hands.

Speaking at a press conference in Parliament on Tuesday, August 18, 2026, Afenyo-Markin drew a direct comparison between what he described as hefty bail conditions imposed on certain individuals linked to the previous New Patriotic Party (NPP) administration.

GoldBod is a major scandal waiting to happen – Afenyo-Markin claims

He specifically referenced alleged losses associated with GoldBod’s operations, which the Minority places at GH¢22 billion, arguing that such figures amount to causing financial loss to the state and could form the basis for future investigation.

“EOCO is going after people. The Attorney General’s press conferences are filled with accusations that individuals owe money, and those individuals are then invited to EOCO and later granted bail in huge sums," he said.

"If that is the case, then the bail for Goldbod will be scary because the GH¢22 billion losses recorded in just one year is simply shocking. The NDC keeps accusing the NPP of being thieves, yet the sale of gold alone has cost the country GH¢22 billion in a single year. And when we raise these issues, they resort to insults and confusion,” he added.

'What a joke of a Minority Leader!' – Sammy Gyamfi hits back at Afenyo-Markin

The Minority has repeatedly cited an International Monetary Fund (IMF) report highlighting significant losses linked to the programme, while GoldBod officials have rejected claims of large-scale losses and pointed to audited surpluses.

Watch his comments here.

The conditions for bail for the current Goldbod leadership in the future will be scary - Alexander Afenyo-Markin, Minority Leader.#JoyNews pic.twitter.com/EeOtDElFMx

— JoyNews (@JoyNewsOnTV) August 18, 2026