Omanghana
The Ghana Gold Board has rejected reports circulating on social media that it lost GH¢200 million after a licensed gold dealer allegedly fled with the money.
In a statement issued by its Media Relations Unit, GoldBod described the allegations as entirely false, malicious and deliberately designed to mislead the public.
The board also dismissed claims that Dominic Bonsu, proprietor of Dominic Bonsu Ventures, had worked as a bodyguard or personal security officer for GoldBod Chief Executive Officer Sammy Gyamfi.
According to the regulator, Bonsu has never served in either position and has no such employment relationship with the chief executive.
GoldBod further clarified that it had neither advanced nor disbursed GH¢200 million—or any other amount—to Bonsu or his company. It stressed that the institution had suffered no financial loss in connection with the licensed dealer.
The board explained that its dealings with Dominic Bonsu Ventures instead involved suspected regulatory violations.
In July 2026, GoldBod suspended the company’s license over alleged breaches of trading directives and conditions established under the Ghana Gold Board Act, 2025 (Act 1140).
The regulator said enforcement investigations were subsequently initiated to address the suspected violations. Contrary to claims that Bonsu had absconded, he was reportedly intercepted and arrested by state authorities.
Bonsu was later remanded into lawful custody by the High Court in Accra and is facing ongoing legal proceedings related to the matter.
GoldBod expressed concern that the viral graphics and accompanying claims appeared to have been created to misrepresent an active law enforcement operation.
The board warned that spreading unverified information about such cases could mislead the public, interfere with official enforcement efforts and weaken confidence in the institution’s regulatory work.
Members of the public were urged to disregard the disputed social media posts and rely on information issued through GoldBod’s verified communication channels.
The regulator also reminded journalists, bloggers and social media users to verify sensitive claims before publishing or sharing them, particularly when the allegations involve public funds, criminal investigations or ongoing court proceedings.
GoldBod reaffirmed its commitment to enforcing Ghana’s gold-trading regulations and taking action against licensed operators suspected of violating the law.
Source: Omanghana
