The Ghana Gold Board (GoldBod) has stated that allegations of inflated-priced laptops and sole-sourced office renovation works are false.
A statement issued by Mr Prince Kwame Minka, the Media Relations Officer, GoldBod, said the GoldBod had taken notice of certain false allegations being peddled by some individuals on various social media platforms and wishes to set the records straight.
It said one false was that: “The GoldBod has awarded GHS11 million office renovation contract to a company owned by Mr Stan Dogbe through SOLE sourcing.”
In response, the statement said firstly, upon the establishment of the Ghana Gold Board in April 2025, the corporation undertook a holistic recruitment exercise to augment the workforce of the defunct Precious Minerals Marketing Company (PMMC).
It noted that in the process, over 300 new workers were recruited.
It said a new structural organogram was introduced to incorporate new directorates, departments and units.
“It therefore became an urgent imperative for the newly established GoldBod to relocate from the dilapidated office of the then PMMC, whose premises was formerly situated at the Diamond House, in order to cater for the spatial and functional necessities of the new organisation,” the statement said.
The statement said secondly to address this issue, the old Bank of Ghana (BoG) Head Office, located at No.1 Thorpe Road, Accra, was rented by the GoldBod to serve as office accommodation for its operations.
“It must be noted that this building had been described by the BoG in the past as structurally defective and not fit for purpose,” it stated.
“However, in the spirit of modesty, the GoldBod decided to undertake renovation and refurbishment works on the said structurally defective building to improve its structural integrity and suitability for use.”
The statement said thirdly, thus, on 26th May, 2025, the GoldBod sought approval from the Public Procurement Authority (PPA), and the same was granted by the PPA on 24th June, 2025, for the Ghana Gold Board to use the Restricted Tendering process to select a contractor to undertake the renovation works.
Attached to the statement from the GoldBod were copies of its request and the PPA approval to use the Restricted Tendering method to procure renovation and refurbishment works on the said BoG building.
The statement said fourthly: three entities were shortlisted and participated in the tendering process for the said contract, with Correca Ghana limited winning the bid for the said contract.
The statement described as “mischievous” and “completely false” the claim that the contract was awarded through sole sourcing.
The statement said Correca Ghana Limited was qualified to undertake the works and has actually undertaken and completed the works in a timely and professional manner in accordance with its contractual obligations.
In the spirit of transparency and accountability, and in accordance with Section 42(1)(c) of the Ghana Gold Board Act, 2025 (ACT 1140), the contract for this project was published by the Corporate Affairs Directorate of the GoldBod on its official website on 10th March 2026.
“The Ghana Gold Board holds dear the principles of transparency and accountability and will continue to uphold these tenets by publishing all contracts it enters into,” it said.
The GoldBod entreated the general public “to remain vigilant and reject all attempts by desperate purveyors of fake news to find wrongdoing where there is none,”
