The Alliance for Accountable Governance (AFAG) has called for an immediate forensic audit of the Ghana Gold Board (GoldBod) by the Auditor-General and Parliament’s Public Accounts Committee (PAC) into its flood of expenditures to establish value for money.

The group is also calling for direct intervention by the President of the Republic of Ghana, H.E. John Dramani Mahama, to halt further financial disbursements and demand accountability from the leadership of the Gold Board.

Speaking at a press conference in Accra, a leading member of AFAG, Dr. Samuel K. Frimpong, said the call has become necessary to prevent financial mismanagement.

“It is important that we check them now to avoid issues, to avoid mismanagement before accountability is called after four years, and that is why AFAG is officially calling for these interventions,” Dr. Frimpong stated.

According to him, the Ghanaian taxpayer cannot continue to fund opaque operations and the extravagant lifestyle of career politicians.

“Based on these, AFAG is calling on the Auditor-General, Parliament, and the President of the Republic to do the needful. The Gold Board must maintain the highest standards of transparency,” he added.

AFAG noted that instead, the Board’s 2025 financial disclosures reveal an unmonitored spending pattern, with total expenditure reaching an outstanding GH¢78,000,664.32. The group said it is particularly concerned about several multi-million cedi line items shrouded in ambiguity and administrative excesses.

“We are citizens of Ghana, we are taxpayers, and our taxes are being used to finance the activities of the Gold Board to ensure that the country as a whole benefits. So when issues come up, it is therefore important that we also raise our concerns,” Dr. Frimpong said.

Citing examples of the administrative excesses, AFAG mentioned task force deployment alone, which cost GH¢14,000,294.63.

Another line item of concern, according to the group, is entertainment and events, on which close to GH¢4 million was spent.

“Interestingly, over 3 million, close to 4 million Ghana cedis has been spent on entertainment and events alone. To quote the actual amount, it is GH¢3,982,096.03,” he disclosed.

AFAG stressed that it does not want to wait for the next government to call the Gold Board to account, but wants accountability now.

Report by Bernard K Dadzie Greater Accra Region