A heated political debate is stirring in Ghana, with Dzifa Gunu accusing Kojo Oppong Nkrumah of avoiding a crucial discussion on the Gold-For-Reserves policy. Gunu, the Acting CEO of Ghana Digital Centres, claims that Nkrumah, the Ranking Member on the Economy and Development Committee, was scheduled to appear on JoyNews' Newsfile program on January 3, 2026, but failed to show up.
But here's where it gets controversial: Gunu's Facebook post on the same day alleges that Nkrumah was invited to defend his claims against GoldBod, a gold trading entity, yet he 'chickened out'. The program aimed to discuss the IMF's alarming report on Ghana's $214 million loss under the Gold-for-Reserves program and the alleged monopoly of Bawa Rock Limited, owned by Alhaji Bawa, as the sole licensed aggregator.
Nkrumah had previously raised concerns about the GoldBod's activities, questioning the selection process of Bawa Rock Limited and the potential beneficiaries of this monopoly. However, his absence from the Newsfile program has sparked criticism, with Gunu suggesting a lack of courage to face the public debate.
The GoldBod, on the other hand, refutes the IMF's claims, stating they are on track for a surplus in the 2025 financial year. This situation raises questions about the accuracy of the IMF's report and the transparency of Ghana's gold trading industry.
And this is the part most people miss: The public is left wondering why Nkrumah, who initially brought these concerns to light, did not engage in the much-anticipated discussion. Was it a strategic move or a missed opportunity for clarity? The controversy deepens as the country awaits Nkrumah's response and the potential implications for Ghana's economic stability.
