Minority Leader in Parliament and Member of Parliament for Effutu, Alexander Afenyo-Markin, has announced plans to pursue legal action over statements he describes as defamatory amid an escalating dispute surrounding the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme (DGPP).
Mr Afenyo-Markin said the personal attacks directed at him were intended to divert public attention from the substantive questions he has raised about the programme and the role of the Ghana Gold Board (GoldBod) in the transactions.
His comments come amid an increasingly heated exchange with GoldBod Chief Executive Officer Sammy Gyamfi following concerns raised by the Minority over an approximately US$1.7 billion loss associated with the DGPP in 2025.
In a statement, Mr Afenyo-Markin said he had faced a series of insults and personal attacks over the past week, which he believes were aimed at undermining his credibility.
He said the attacks had gone beyond criticism of his position and had extended to allegations about his motives for questioning the reported losses under the gold purchase programme.
Mr Afenyo-Markin rejected the allegations, describing them as false and insisting that his concerns about the DGPP were legitimate and in the public interest.
The Effutu MP also indicated that he was prepared to take the matter beyond political exchanges and seek redress through the courts.
“On the defamatory statements made against me personally, I intend to pursue the appropriate legal remedies,” he stated.
The threat of legal action adds a new dimension to the intensifying political dispute over the DGPP, which has come under increased scrutiny following an IMF report indicating an approximately US$1.7 billion loss under the programme in 2025.
GoldBod participated in domestic gold purchasing transactions under the programme and has consequently become a central focus of the political debate over the reported losses.
The Minority has been demanding greater clarity on the financial implications of the transactions, arguing that the matter warrants parliamentary scrutiny because public funds are involved.
GoldBod, however, has disputed interpretations that directly attribute the reported loss to the Board.
Mr Afenyo-Markin maintains that the personal controversy should not overshadow the substantive issues surrounding the programme. His latest statement seeks to draw a clear distinction between the political debate over the DGPP and the allegations made against him personally, which he says will now be addressed through the appropriate legal channels.
