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We’ll deal ruthlessly with any abuse of power – Sammy Gyamfi warns GoldBod taskforce

Tue, Jul 8 2025 10:58 AM
in Ghana General News, News
well deal ruthlessly with any abuse of power sammy gyamfi warns goldbod taskforce
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831202454357 wcrevihuto sammy gyamfi

Chief Executive Officer of the Ghana GoldBod, Sammy Gyamfi, has sent a strong and uncompromising message to members of the newly inaugurated GoldBod Taskforce.

He cautioned them against abuse of authority, emphasising that unprofessionalism will not be tolerated under any circumstance.

Speaking at the inauguration ceremony of the task force, Mr Gyamfi declared that the team has been fully resourced to carry out its mandate of enforcing ethical gold trading and ensuring strict compliance with the law.

“With the support of the president, we’ve provided the necessary orientation, training, logistics, and resources for the task force to operate effectively and fearlessly,” he said. “We expect nothing but professionalism and patriotism from them.”

While pledging full support to officers who act in good faith, he issued a stern warning to those who might be tempted to misuse their positions.

“Let me say that I have firm instructions to hold you to the highest standards of ethical conduct and accountability. We will protect those of you committed to doing your job, but we will deal ruthlessly with any member who brings the name of the government or the nation into disrepute.”

Mr Gyamfi also appealed for public cooperation, especially from players in the gold trading industry, urging them to operate within the law.

“We must all make a commitment to comply with the law. And by that, I mean to trade gold legally — by ensuring you have a valid licence from the Gold Board before engaging in any gold transactions.”

He emphasised the GoldBod’s push for transparency, revealing that a new digital licensing system has been introduced to eliminate bribery, extortion, and bottlenecks in the application process.

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“We’ve introduced a seamless, digital licensing system. As I speak, we’ve granted over 300 licences with minimal human involvement. The process is online, straightforward, and corruption-free. We have not taken a dime from any applicant.”

“Those who have gone through it can attest that the system is transparent and fair. This is the new standard, and we encourage all stakeholders to comply.”

Mr Gyamfi concluded by calling on all Ghanaians to support the initiative, noting that the success of the task force depends on a collective national effort to sanitise the gold industry.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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