Afenyo-Markin sues Gyamfi over defamation
Analysis based on 9 articles · First reported Aug 23, 2026 · Last updated Aug 25, 2026
The lawsuit adds political uncertainty around Ghana's gold purchase programme and could affect investor confidence in GoldBod's governance. However, the direct market impact is limited as the dispute is primarily political and legal, with no immediate financial consequences for the entities involved.
Minority Leader Alexander Afenyo-Markin filed defamation suits against Ghana — Ghana GoldBod (GoldBod) CEO Sammy Gyamfi and two media organizations after Gyamfi publicly called him an 'extortionist' amid a dispute over a reported US$1.7 billion loss by the Ghana — Bank of Ghana under the Domestic Gold Purchase Programme. Afenyo-Markin announced the legal action in Parliament on August 24, 2026, filing writs at the Accra High Court (against Gyamfi and Times Multimedia Limited) and the Achimota Circuit Court (against Eric Adjei and Peace FM). He expressed confidence in the judicial process and offered to submit to investigations by the Canada — Ottawa Police Service or the Ghana — Office of the Special Prosecutor. Gyamfi has indicated he will defend the allegations in court.
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