Director of Legal Affairs for the governing National Democratic Congress (NDC), Godwin Edudzi Tameklo, has accused the Minority in Parliament of failing to adopt a nationalistic approach to the International Monetary Fund (IMF) report on the Bank of Ghana’s Domestic Gold Purchase Programme.
Reacting to the ongoing controversy surrounding the Gold Purchase Programme and GoldBod operations, he said the political character given to the report has shifted attention from substantive economic issues to personal attacks.
Speaking on the BigIssue segment on the NewDay morning show on TV3 on Monday, August 24, 2026, Mr. Tameklo said a more patriotic handling of the IMF findings would have prevented the current smear campaign.
“If the Minority had taken a more nationalistic outlook on the IMF report, we possibly wouldn’t have gotten to the point where it has now been reduced to smear campaign. A more nationalistic approach to the IMF report would have resolved this matter,” he said.
He questioned the motive behind the Minority’s interpretation of the figures contained in the report, particularly the treatment of accounting costs.
“Why do I say that, when you treat an accounting cost as a lost, you want to find out what is the motive for that,” he stated.
Mr. Tameklo cited the response of former United States President, Barack Hussein Obama, to the 2007/8 global financial crisis as an example of nationalistic leadership.
“After the financial crisis in 2007/8, when Obama took over, he took a nationalistic approach that will save America’s economy and build America for the future. He didn’t ask; how did my predecessor allow this subprime mortgage…, he took a nationalistic approach,” he said.
According to him, the US at the time printed dollars to ease the burden on its citizens and stabilise the global economy, rather than engaging in blame games.
Mr. Tameklo maintained that Ghana’s current economic challenges require a similar nationalistic consensus, rather than what he described as deliberate distortion of technical reports for political advantage.
The controversy started after Minority Leader Alexander Afenyo-Markin cited an IMF report to allege losses under the Bank of Ghana’s Domestic Gold Purchase Programme and questioned GoldBod’s operations.
GoldBod CEO Sammy Gyamfi denied the claims and countered with a $1 million extortion allegation against Afenyo-Markin.
NEIP CEO Eric Adjei then alleged Afenyo-Markin ran an RTI ‘negotiators’ extortion team which triggered petitions to OSP, CHRAJ and others by the United Party.
Extortion claim against Afenyo-Markin goes beyond ‘gist trading’ – Edudzi Tameklo
