GoldBod Dismisses Claims of Inflated Laptop Purchases and Sole-Sourced Renovation Contract

The Ghana Gold Board has dismissed allegations circulating on social media suggesting that it awarded an office renovation contract through sole-sourcing and procured laptops at inflated prices.

In a statement issued by its Media Relations Officer, Prince Kwame Minka, the institution described the claims as false and misleading, insisting that all procurement processes followed the appropriate legal procedures.

Regarding claims that GoldBod awarded an GH¢11 million office renovation contract to a company owned by Stan Dogbe through sole sourcing, the Board clarified that the contract was not sole-sourced.

According to the statement, after the establishment of the GoldBod in April 2025, the organisation undertook a major recruitment exercise that brought in over 300 new staff members and introduced new directorates and departments. This development made it necessary for the institution to relocate from the old office of the defunct Precious Minerals Marketing Company at Diamond House.

GoldBod explained that it subsequently rented the former head office of the Bank of Ghana located on Thorpe Road in Accra to serve as its operational headquarters. However, the building required significant renovation works due to structural challenges.

The Board stated that it sought approval from the Public Procurement Authority to use the restricted tendering method to select a contractor for the project, which was granted in June 2025. Three companies were shortlisted to participate in the process, with Correca Ghana Limited emerging as the winning bidder.

GoldBod therefore rejected claims that the contract was awarded through sole sourcing, describing such assertions as misinformation aimed at discrediting the institution.

Addressing a second allegation that it procured 15 laptops at an inflated cost of GH¢322,500, the Board clarified that the laptops were purchased in November 2025 from GET4LESS Ghana Limited to support newly appointed directors and deputy directors.

According to the statement, approval was obtained from the Public Procurement Authority to use the single-source procurement method due to the urgency of the purchase and the availability of the required quantity from the supplier at the time.

The Board further explained that the laptops—Lenovo ThinkPad T14S Core i7 devices with 16GB RAM and 512GB SSD—were purchased at a unit price of GH¢21,500, which it said is consistent with the open market price of the product.

GoldBod stressed that the procurement also received commitment authorisation from the Ministry of Finance in accordance with procurement laws.

The institution reiterated its commitment to transparency and accountability, noting that details of the contracts for both the renovation works and the laptop procurement were published on its official website on March 10, 2026.

GoldBod urged the public to disregard what it described as attempts by “fake news merchants” to misrepresent the facts and tarnish the reputation of the organisation.