Alexander Afenyo-Markin, the Minority Leader in Parliament, has said he will continue to defend the New Patriotic Party (NPP) despite criticism and insults directed at him over the GoldBod losses.
According to Afenyo-Markin, he is not concerned about the insults directed at him and would remain focused on his responsibilities as Minority Leader.
Afenyo-Markin disclosed that members of his family had made sacrifices for the NPP and Ghana, adding that he was prepared to endure similar challenges.
Speaking to Metro TV, Afenyo-Markin stated, “If today you are insulting Afenyo-Markin, using unprintable words on my person, hiring social media people, people going to sit at studios of FM stations, TV stations, use vulgar language, the very thing that if you give them a schnapp, a Bible, a Quran, to swear whether it is true, they cannot. They are saying it for politics. I won’t question you. I won’t say anything. I won’t sue you”.
“My stepfather fought for the party. My mom fought for the party. My daddy suffered for the party. And it’s my turn. I will fight for the party with a clear mind. And I will not shake,” he said.
He added, “What we are telling the people of Ghana about these losses is the truth. Nothing more, nothing less”.
“We expect the NDC to be reasonable and eat humble pie, and admit that, indeed, policy failures resulted in this. So that perhaps we can look at the way forward,” he said.
“I’m Minority Leader. I will do my work. But in so doing, I have due regard for your office,” he said.
Afenyo-Markin further acknowledged the challenges of being a Minority Leader, saying, “Minority Leader is not an easy job; sometimes you can be lonely. When everything is going round, round, round, you have to do the heavy lifting”.
“To be attacked, I will stay there, deal with the issues, and pursue it. However lonely I may become, I am doing this for the party, and the right thing will be done,” he said.
Meanwhile, Alexander Kwamena Afenyo-Markin has hit back at the Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
According to Afenyo-Markin, Ghanaians asked for figures, but Sammy Gyamif sort to insults.
He argued that Sammy Gyamfi’s reference to a brothel does not belong in a statement issued by a public officer accounting for public funds.
In a statement issued after the Goldbod CEO’s Government Accountability Series on August 19, 2026, the Minority leader stated, “On Tuesday, 18th August 2026, the Minority in Parliament addressed a press conference on the financial and operational performance of the Ghana Gold Board and on reported losses under the Domestic Gold Purchase Programme. Today, Wednesday, 19th August 2026, Government, acting through the GoldBod, responded at the Government Accountability Series. The Minority has considered the full text of that response and states as follows.
The GoldBod’s statement this morning confirms more than it rebuts
First, the loss is admitted. The Chief Executive does not dispute the IMF’s finding that there is a loss of US$1.7 million (22 billion Ghana cedis) under the Domestic Gold Purchase Programme in 2025. He disputes only who should be blamed. This is public money, whichever State balance sheet it sits on
Second. the fee arithmetic is now on the record. The Chief Executive tells us the GoldBod accounted for about GHS133 billion in advances in 2025, and that it was paid an assay fee of 0.258 per cent and a service fee of 0.5 per cent. On those figures, the GoldBod earned in the region of GHS 1 billion in fees from this programme. He also tells us the GoldBod posted an operational surplus of GHS907 million. The plain implication of his own numbers is that the operational surplus he is celebrating is smaller than the fee income he collected from a programme that lost the state 22 billion Ghana Cedis. Strip out the agency fees, and there is no operational surplus to speak of. That is the point he did not address, and it is the point he must now address.
Third, he cannot claim the upside and disown the downside. The same statement credits the scaling up of the GPP with the 41 per cent cedi appreciation, the rise in reserves from US$8.9 billion to US$13 billion, and the fall in inflation, and the GoldBod has been foremost in taking public credit for those outcomes. An institution that claims authorship of the benefits cannot describe itself as a passive agent when the costs are counted.
Fourth, the funding position keeps shifting. By the Chief Executive’s own account, responsibility for GANRAP implementation cost moved from the Bank of Ghana to the Ministry of Finance in July 2026, and from August 2020 he GoldBod is seeking to raise funds independently. Three funding arrangements in six months is not a settled model. We view this with curious eyes.
The 22 billion Ghana cedis losses as reported by the IMF Sixth Country report, numbered 26/2 13, issued in August 2026, amount to a financial loss to the Republic. It must be accounted for
Finally, a word on tone. The Chief Executive’s reference to a brothel does not belong in a statement issued by a Public Officer accounting for public funds. Ghanaians asked for figures. They were given insults. The figures are still outstanding”.
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