Don’t Stop Me, OB Sammy Gyamfi Clashes With Afenyo again on Live Radio Over Gold Board And Cedi

Minority Leader Alexander Afenyo-Markin has defended his recent comments on Ghana’s economic management, explaining that his press conference was aimed at demanding accountability from public institutions rather than targeting specific individuals.

During an interview on Asempa FM, he said the Minority wanted greater transparency regarding details contained in International Monetary Fund (IMF) reports.

Afenyo-Markin maintained that questioning the activities of state institutions is part of the Minority’s oversight responsibility, particularly where the management of public resources and issues of national importance are concerned.

National Communications Officer of the governing National Democratic Congress (NDC), Sammy Gyamfi, challenged his explanation and defended the Gold Board. Gyamfi argued that the accusations against the institution were not backed by adequate evidence, stressing that it plays a significant role in managing the country’s gold resources for national development.

The two politicians also disagreed over foreign exchange rates. Afenyo-Markin questioned the difference between rates quoted by retail forex bureaux and the reference rates released by the Bank of Ghana.

Gyamfi responded that the figures could not be directly compared because they represent different segments of the foreign exchange market. He explained that the Bank of Ghana’s reference rate reflects interbank transactions, whereas forex bureaux set their customer rates based on operational expenses, profit margins and market conditions.

Their disagreement escalated as each defended his position. Gyamfi accused the Minority Leader of seeking to discredit the Gold Board, but Afenyo-Markin insisted that he was only raising legitimate concerns about the institution’s accountability.

He further argued that Parliament must hold public institutions responsible for how they manage the country’s resources. According to him, examining information in IMF reports should not be regarded as an attempt to attack individuals.

The exchange underscores the ongoing political differences between the NDC government and the NPP Minority over economic policies, institutional accountability and the management of national assets.

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