The Ghana Gold Board (GoldBod) is facing fresh pressure after allegations by policy think-tank, the Institute of Economic Research and Public Policy (IERPP), that its quarterly trading reports have been removed from its website.

The (IERPP) in a statement issued today, Monday, August 25, 2026, accuses the GoldBod of breaching the transparency law.

The policy think-tank is demanding urgent answers from GoldBod, citing Section 42 of the Ghana Gold Board Act, 2025 (Act 1140), which mandates the Board to publish quarterly reports on its operations, revenue, contracts, expenditure, and responsible sourcing.

The IERPP also states that the deletion of the reports from the website violates laws establishing GoldBod.

"Section 42(2) requires GoldBod to  ensure access to those reports. The law does not merely require GoldBod to upload reports; it requires meaningful public access to them," the IERPP said in the statement signed by its  Executive Director, Prof. Isaac Boadi.

The IERPP noted that it is not alleging a wrongdoing but the reported disappearance of the reports raises “legitimate questions” given GoldBod’s role in managing Ghana’s strategic gold reserves and significant public financial interests.

The institute, therefore, demands that GoldBod explains who authorized the removal, when it happened, and why as well as if any figures were corrected or replaced.

The IERPP wants both the original and revised versions published with an explanation of every material change.

"The timing of the trading report publication is particularly important. This is because it sits at the centre of a growing question: what is the actual financial relationship between GoldBod, the Bank of Ghana, and the wider gold-purchasing programme?" the statement said. 

IERPP's Six Demands To GoldBod

The IERPP laid out six (6) demands to the GoldBod including to restore all previously published quarterly reports and establish a permanent public archive; explain any deletion, withdrawal, amendment or replacement of reports; publish original and revised versions where figures have changed, with reasons; provide publication and removal dates for each report; ensure full Section 42 disclosure including revenue, contracts, expenditure, operations, and traceability remains publicly accessible and disclose off-taker fees, trading margins, discounts, assay charges and other transaction costs for independent scrutiny.

The IERPP argued that GoldBod cannot demand compliance and reporting from licensed gold buyers while making its own legally mandated reports difficult to access.

"Where public resources and national gold are involved, citizens must be able to understand the transactions, prices, contracts, fees, discounts, trading margins and ultimately who bore the risks and costs," the statement established.

The think-tank warned against allowing GoldBod to “become a black box,” noting that gold is one of Ghana’s most important sources of foreign exchange and that the institution’s activities have direct implications for exports, reserves, the Bank of Ghana, and public finances.

"Public gold requires public scrutiny. Public money requires public accountability."

The IERPP added: “Section 42 was enacted specifically ‘for the purpose of transparency and accountability.’ That obligation cannot be treated as a temporary website exercise.”