Monday, 13 Oct 2025
  • About us
  • Our policy
  • Blog
  • Contact
Subscribe
thepatriotnewsonline.com
  • Home
  • Politics

    Napo Reinforces NPP’s Global Conservative Ties at UK Party Conference

    By Agyemkum Tuah

    The Kennedy Adjepong’s Factor.

    By Thepatriotnewsgh

    Galamsey financiers are economic terrorists, we must face them boot-for-boot – Prof. Asare

    By Agyemkum Tuah

    Ntim Fordjour Claims Lack of Funds is Behind Speaker Bagbin’s Delay in Reconvening Parliament

    By Agyemkum Tuah

    Gov’t breached Constitution in US deportee agreement – NPP

    By Agyemkum Tuah

    Galamsey: Ghana must act fast to outlaw surface mining – UTAG Vice President warns

    By Agyemkum Tuah
  • Business
  • Opinion

    GPL: Rampant Medeama crush Vision FC 4-0 to stay unbeaten

    By Agyemkum Tuah

    GBA Boss Criticizes Bahubali’s Family for Sending Boxer to Prayer Camp Before Death

    By Agyemkum Tuah

    We have names of party bigwigs cutting deals with corrupt officials of previous gov’t – Fifi Kwetey hints

    By Thepatriotnewsgh

    Dr Frank Bannor writes: NDC has a poor record of managing Ghana’s debt

    By Thepatriotnewsgh

    Embark on Mystical Adventures in Uncharted Territories

    By Thepatriotnewsgh

    Ashigbey Warns Ghana’s Gold May Face International Rejection

    By Agyemkum Tuah
  • Health

    Health Alert: 42 H3N2 Cases Confirmed In Greater Accra Region

    By Agyemkum Tuah

    “Show mercy to staff nurse” — Health Minister appeals to Ghana Health Service

    By Agyemkum Tuah

    Ghana Health Service Queries Nurse Over Alleged Insults Directed at Health Minister

    By Agyemkum Tuah

    Mental health crisis deepens in Ghana amid stigma and neglect, psychiatrist warns

    By Agyemkum Tuah

    Indian Police Arrest Owner Of Cough Syrup Company Linked To Deaths Of 17 Children

    By Agyemkum Tuah

    WACCBIP Team at the University of Ghana Wins Prestigious Award in 2025 Vivli AMR Surveillance Data Challenge

    By Agyemkum Tuah
  • Pages
    • About us
    • Our policy
    • Contact US
  • Health
  • Sports
  • World
  • Lifestyle
  • Travel
  • Health
  • Sports
  • World
  • Lifestyle
  • Travel
Font ResizerAa
thepatriotnewsonline.comthepatriotnewsonline.com
  • My Saves
  • My Interests
  • My Feed
  • History
  • Travel
  • Opinion
  • Politics
  • Health
  • Technology
  • World
Search
  • Home
  • Politics
  • Business
  • Sports
  • Opinion
  • Health
  • Travel
  • World
Have an existing account? Sign In
Follow US
© The Patriot News Network. All Rights Reserved.

Home » Sammy Gyamfi rebuts claims of rushed GoldBod Bill process

EconomyGeneral newsminingPolitics

Sammy Gyamfi rebuts claims of rushed GoldBod Bill process

Thepatriotnewsgh
Last updated: April 2, 2025 11:00 am
Share
SHARE

The GoldBod Bill, which has sparked significant political debate in the country, was subjected to a thorough and consultative legislative process, contrary to claims that it was hastily passed, says Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC).

Sammy Gyamfi, who has been tasked by President Mahama to work on the establishment of the GoldBod under the Finance Minister’s direction, has strongly refuted allegations that the bill lacked due diligence.

In a detailed statement, he outlined a rigorous process of stakeholder engagements, legislative scrutiny, and parliamentary debates that shaped the final version of the bill.

A Structured and Consultative Process “It became clear from our engagements that a broad consultative approach was imperative in creating a legal and operational framework for the GoldBod that is fit for purpose,” Gyamfi stated.

According to him, a technical committee was constituted by the Finance Minister, comprising representatives from key stakeholders, including the Ghana National Association of Small-Scale Miners, the Chamber of Bullion Traders, the Bank of Ghana, the Minerals Commission, and the Minerals Income Investment Fund. This committee conducted a series of consultative meetings with industry players and regulatory bodies to shape the bill’s provisions.

The first engagements included discussions with experts from the Finance Ministry, followed by meetings with the Ministry of Lands and Natural Resources. From these discussions, a legal consultant was tasked with drafting legislative instructions that would form the foundation of the bill.

The draft document was then subjected to stakeholder consultations with key industry actors, including bullion traders, gold dealers, small-scale miners, and civil society organisations in the extractive sector.

Regional engagements and refinement of the Bill To ensure wider participation, the technical committee extended consultations to regional stakeholders. “We held three regional programs in Akyem Tafo, Kumasi, and Tarkwa, where chiefs, miners, and traders were taken through the draft legislation and given the opportunity to contribute their views,” Gyamfi revealed.

These engagements led to further refinements of the bill, which was subsequently forwarded to the Attorney-General for drafting. Notably, drafters from the Attorney-General’s office had been involved in the process from the outset, ensuring legal soundness. The final draft was then submitted to the President for Executive Approval before being laid before Parliament by the Finance Minister.

Parliamentary scrutiny and amendments Sammy Gyamfi described the bill’s journey through Parliament as one of the most rigorous legislative processes in recent history. “At the first meeting of the Joint Committee on Finance and Lands and Natural Resources, the NPP minority requested a one-day adjournment to study the bill in detail. This request was granted,” he noted.

Following the adjournment, the committee meticulously scrutinised, reviewed, and debated every clause, leading to several amendments. “The NPP side, led by Hon. Mohammed Amin Adam, made it clear that they supported the establishment of the GoldBod in principle but wanted to ensure the bill was fit for purpose,” he explained.

The bill’s consideration process also involved a crucial “winnowing” session, where MPs debated over 50 amendments proposed by the NPP minority. “At this session, which lasted over four hours, several amendments were accepted, while others were abandoned after extensive discussions,” Gyamfi noted.

Despite this comprehensive scrutiny, the NPP minority later staged a walkout, claiming the bill was rushed. Gyamfi dismissed this assertion, stating, “A very respected NPP MP confided in me that he had never seen a bill undergo such stringent parliamentary scrutiny.”

Disclaimer: The content published on this website is for informational purposes only. The views, opinions, and positions expressed by individual authors or contributors are theirs alone and do not necessarily reflect those of [patriotnewsonline.com]. While every effort is made to ensure accuracy, [patriotnewsonline.com] does not assume any responsibility or liability for any errors, omissions, or outcomes resulting from the use of this information. Readers are advised to verify facts independently and seek professional advice where necessary.

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
TAGGED:goldbodsammy gymafi
Share This Article
Email Copy Link Print
Previous Article ‘PAC exposes corruption, but the executive lets them go free’ – Avedzi
Next Article No more special security protocol for pastors, individuals – Interior Ministry declares
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

NPP has sidelined me from key decisions, national council meetings -Kufuor bemoans

Former President John Agyekum Kufuor, a senior statesman and pillar of the New Patriotic Party…

By Thepatriotnewsgh

Bawumia was not finance minister, unfair to link economy to him – Yaw Adutwum

New Patriotic Party (NPP) flagbearer aspirant Dr Yaw Osei Adutwum has sought to clarify comments he made…

By Thepatriotnewsgh

Bosome Freho MP petitions Bagbin over Ablakwa’s UNGA trip snub

Member of Parliament for Bosome Freho and Deputy Ranking Member of the Parliamentary Select Committee…

By Agyemkum Tuah

You Might Also Like

GovernanceGeneral newsPolitics

Apology to Mahama, ’10 Sins’: Ken Agyapong explains silence during 2024 campaign

By Thepatriotnewsgh
General newsGovernanceminingNewsPolitics

Galamsey: prosecute kingpins, protect communities in mining fight – Catholic bishops tell Mahama

By Agyemkum Tuah
Bernard Antwi Boasiako, Ashanti Regional Chairman of the NPP
General newsLegalNewsPolitics

Chairman Wontumi reports to CID over Akonta mining probe

By Agyemkum Tuah
General newsGovernancePolitics

Dr. Bawumia’s Apology to Electorate and Delegates Is a Model for Every Public Leader

By Thepatriotnewsgh
thepatriotnewsonline.com
Facebook Twitter Youtube Rss Medium

About US

ThePatriotnewsonline.com: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • World
  • Opinion
  • Politics
  • Tech
  • Health
  • Travel
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy
  • Submit a Tip

© The Patriot News Network.

All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?