The Ghana Gold Board has officially refuted claims of inflated laptop prices and sole-sourced contracts, releasing documents to prove compliance with procurement laws.
Ghana Gold Board Sets the Record Straight: Refutes Claims of Inflated Laptop Prices and Sole-Sourced Contracts
The Ghana Gold Board (GoldBod) has officially stepped forward to debunk a series of false allegations circulating on social media.
Specifically, the organization has addressed claims regarding an inflated laptop procurement deal and accusations of a sole-sourced office renovation contract.
The Board has released official documentation to support its position, emphasizing its commitment to transparency and accountability.
Addressing the Office Renovation Contract Allegations
First and foremost, GoldBod has tackled the claim that it awarded an GHS11 million office renovation contract through sole sourcing to a company owned by Mr. Stan Dogbe.
The Board has categorically denied this assertion, explaining the actual sequence of events that led to the renovation project.
After establishing the Ghana Gold Board in April 2025, the corporation conducted a major recruitment drive, adding over 300 new staff members.
Consequently, this expansion necessitated a new structural organogram and required a move from the dilapidated Diamond House office. To solve this spatial crisis, GoldBod rented the old Bank of Ghana Head Office, a building previously deemed structurally defective.
Therefore, to make the building fit for purpose, the Board sought and obtained approval from the Public Procurement Authority (PPA) on June 24, 2025. The PPA granted permission to use a Restricted Tendering method, not a sole-source approach. In fact, three entities were shortlisted and participated in the competitive process. Ultimately, Correca Ghana Limited won the bid and completed the work professionally. As a result, the allegation of sole-sourcing is entirely without merit.
Explaining the Laptop Procurement Pricing
In addition to the renovation claims, GoldBod has also responded to accusations that it purchased fifteen laptops at an inflated price of GHS322,500. The Board has clarified that this price accurately reflects the high specifications of the devices and the urgency of the procurement.
In November 2025, the newly-established Board needed to equip its Directors and Deputy Directors urgently. At that specific time, only one supplier, GET4LESS Ghana Limited, had sufficient quantities of the required high-specification laptop. Consequently, GoldBod again sought and received PPA approval, this time for the Single Source procurement method.
Furthermore, the Board explained that the total cost of GHS322,500 translates to a unit price of GHS21,500 for a Lenovo ThinkPad T14S. To prove this was not inflated, GoldBod provided a screenshot showing the open market price for the same model is GHS21,505. Thus, the purchase price is actually competitive and aligns perfectly with market rates.
A Commitment to Transparency
Finally, the Ghana Gold Board has pointed to its compliance with the Ghana Gold Board Act (ACT 1140) as proof of its integrity. In line with Section 42(1)(c), both contracts were published on the official GoldBod website on March 10, 2026. The Board urges the public to ignore these “desperate fake news merchants” and remain vigilant against attempts to manufacture scandal where none exists.
In conclusion, Prince Kwame Minkah, Media Relations Officer, reaffirmed that the Board holds the principles of transparency and accountability in high regard and will continue to uphold these tenets by publishing all future contracts.
Gold Board Debunks False Allegations
