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Finance Minister inaugurates GoldBod Tribunal

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Finance Minister Dr. Cassiel Ato Forson today, Tuesday, August 19, 2025, inaugurated the Ghana Gold Board Tribunal.

He described the tribunal as an important step in strengthening governance and accountability in our gold sector.

Dr. Forson noted that in line with Section 55 of the Ghana Gold Board Act, President John Dramani Mahama has appointed three distinguished professionals to serve on the Tribunal.

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They are Biadela Mortey Akpadzi (Chairman), Hamidu Mariam (Member), and Justin Pwavra Teriwajah (Member).

The Minister explained that the tribunal’s mandate is to consider appeals regarding a decision made by the Gold Board, a matter relating to a license issued under the law, or a decision of the Dispute Resolution Committee.

He congratulated them on their appointment and assured them that the government will soon appoint a Registrar and provide the necessary staff to support the effective functioning of the Tribunal.

About the GoldBod

The Ghana Gold Board (GoldBod) is the sole authority with the exclusive right to buy, sell, weigh, grade, assay, value, and export gold and other precious minerals in Ghana.

The Ghana Gold Board functions under the oversight and supervision of the Ministry of Finance of the Republic of Ghana.

To strengthen industry regulation and optimize national benefits, the Ghana GoldBod was established on 2 April 2025 by the government of Ghana to restructure and streamline the precious mineral trading sector of Ghana.

The GoldBod initiative is a product of extensive stakeholder consultations and aims at maximizing foreign exchange inflows, gold reserve accumulation, and value addition for sustainable growth and transformation.

By: Rainbowradioonline.com/Ghana

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