Accra: The Ghana Gold Board (GoldBod) has dismissed a viral social media publication as false, stating that the allegations regarding Dominic Bonsu Ventures and a purported GHS200 million misappropriation are entirely baseless.
According to Ghana Web, GoldBod issued a statement on Monday, August 3, 2026, categorically denying the claims made in the viral report. The publication alleged that Dominic Bonsu, owner of Dominic Bonsu Ventures, absconded with GHS200 million belonging to GoldBod. The board labeled the news as malicious and misleading, asserting that it was intended to misinform the public.
Furthermore, GoldBod refuted any claims that Dominic Bonsu had previously served as a bodyguard or personal security officer to its Chief Executive Officer, Sammy Gyamfi, emphasizing that no such relationship had ever existed. The board also clarified that it had neither lost nor advanced GHS200 million or any sum to Bonsu or his ventures.
The statement from GoldBod highlighted that the licence of Dominic Bonsu Ventures was suspended due to suspected breaches of its licence terms and violations of GoldBod trading directives, as outlined in the Ghana Gold Board Act, 2025 (Act 1140). Following an investigation and enforcement actions, Bonsu was arrested and remains in custody by the High Court in Accra, pending ongoing legal proceedings.
GoldBod expressed concern over attempts to distort the current enforcement process and undermine public confidence in its operations. The board urged the public to disregard the false claims circulating on social media and to rely solely on information from its official communication channels.
In addition, GoldBod appealed to media organizations, bloggers, and social media users to verify information before publication and to maintain high standards of responsible journalism. The board reaffirmed its commitment to enforcing the regulations governing Ghana's gold trading sector impartially and professionally.