Ghana loses over GH¢3 billion annually to corruption, says Transparency International Ghana Executive Director
via GhanaWeb1 min read
Mary Addah, the Executive Director of Transparency International Ghana, has stated that Ghana loses more than GH¢3 billion each year due to corrupt practices across various institutions. Speaking on Starr FM’s Morning Star on April 21, 2026, Addah highlighted that this financial loss is not merely a statistic but represents a direct theft of the nation's future. She emphasized that these funds could otherwise be used to provide quality education, improve healthcare, and develop a robust road network for the country. Addah lamented the significant impact of corruption on ordinary citizens, noting that the money lost could have built numerous schools. She urged citizens to actively speak out against corruption and demand greater accountability from those in power, advocating for an "apolitical stand" to insist on change and move beyond past indifference.
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Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board GoldBod, has defended the GH¢4.5 billion allocation to the institution in 2025, refuting claims of public fund siphoning. Speaking on Joy FM's Super Morning Show, Gyamfi stated that Parliament lawfully approved the funds as revolving seed capital for GoldBod's operations, explicitly captured in the 2025 Budget Statement. He explained that the Ministry of Finance released the funds at the end of December 2025 after receiving necessary resources. Gyamfi questioned suggestions that the release constituted siphoning, arguing it followed due process and Ghana's public financial management framework. He criticized Abena Osei-Asare, Chairperson of Parliament's Public Accounts Committee PAC, for her comments, given her role. Gyamfi noted that GoldBod's 2025 financial statements were audited by the Auditor-General with no adverse findings and reported an operational surplus of GH¢909 million in 2025 from internally generated funds, as the government's seed capital was received at the financial year's end. He challenged the PAC Chairperson to find evidence of misappropriation in GoldBod's audited financials. Gyamfi also clarified that losses incurred by the Bank of Ghana under its Domestic Gold Purchase Programme should not be conflated with GoldBod's operations, as they are distinct entities with separate mandates.
A Ghanaian mother has gained widespread attention for her passionate coaching of her daughter, Gakye Nicky, during a Brazilian Jiu-Jitsu BJJ championship. In a video that has circulated widely, the mother is heard shouting instructions in a Ghanaian language from the sidelines as her daughter competed. Her energetic encouragement included urging her daughter not to give up and to "break her hand" and "make sure she cries." The video was shared with a caption stating that the mother's coaching helped her daughter secure a gold medal in the martial art.
The Gbese District Court has ordered the extradition of Daniel Yusif, an alleged accomplice of suspected romance fraud kingpin Abu Trica, to the United States. Yusif is to stand trial over an alleged US$8 million romance fraud scheme. The court granted the extradition request on Friday, July 24, 2026, and has given Yusif 15 days to challenge the committal order. This extradition follows ongoing cooperation between Ghanaian and US authorities investigating an alleged international romance fraud network accused of targeting elderly Americans. Earlier this month, Ghanaian socialite and businessman Frederick Kumi, known as Abu Trica, was also extradited to the United States after the High Court in Accra approved his surrender. US prosecutors allege that Abu Trica was part of a criminal network that used artificial intelligence tools to create fake online identities, establish romantic relationships with victims, and fraudulently obtain millions of dollars.