Audio By Carbonatix
The CEO of Ghana GoldBod, Sammy Gyamfi, has dismissed allegations of inflated costs and procurement breaches in the Big Push road initiative, describing the claims as misleading and unsupported by evidence.
Reacting to a report by The Fourth Estate, Mr Gyamfi insisted that there is no proof of wrongdoing in the award of contracts, stressing that due process was followed in all cases.
“There is not a scintilla of evidence showing that these contracts were inflated or that the process was abused,” he said, adding that all sole-sourced projects were approved by the Public Procurement Authority and subjected to Value for Money assessments.
He further criticised the inclusion of inherited projects in the report, explaining that 23 out of the 84 projects cited were originally awarded under the previous administration and were merely continued under the current government’s programme.
“Projects such as Suame Interchange and Ofankor-Nsawam were not re-awarded. They were inherited, maintained and funded. Including them in the list distorts the facts,” he argued.
Mr Gyamfi also addressed criticisms of the NDC’s position on sole-sourcing, clarifying that the party has never opposed the method itself but rather its misuse.
He noted that past criticisms were based on audit findings that exposed inflated contracts, which he said is not the case with the current projects.
He concluded that the Big Push initiative reflects a balance between urgency and accountability, with contracts awarded to multiple capable contractors and payments tied strictly to verified work done, ensuring transparency and value for money.
Latest Stories
-
Contractors move to site for construction of 120-bed trauma hospital in Bole – Kwakye Ofosu
8 minutes -
Poor institutional leadership hindering Ghana’s creative industry – Oscar ProvencalÂ
19 minutes -
CSA demands faster sharing of cyber threat intelligence among financial institutions
36 minutes -
CSA warns Ghanaians to verify money requests as AI makes online fraud harder to detect
40 minutes -
NEIP CEO urges Africa to build systems that turn ideas into businesses
42 minutes -
Global Organised Crime Index says cybercrime is undermining Ghana’s digital sector
42 minutes -
Global Organised Crime Index says fraud and tax evasion are widespread across Ghana’s economy
46 minutes -
Threats to journalists limit coverage of cocaine trade in Ghana – Global Organised Crime Index
48 minutes -
Kumawu MP commissions 4-unit nurses’ quarters at Bodomase
49 minutes -
Two arrested after suspected narcotics intercepted at Kasoa
50 minutes -
Our pipes stock are all gone — Duraplast Marketing Manager counts losses after Avenor fire
54 minutes -
Ntim Fordjour calls for cancellation of Ghana-Colombia maritime deal over drug trafficking concerns
56 minutes -
Daily Insight for CEOs: The CEO’s Q4 leadership priorities
58 minutes -
Cybersecurity is a business risk, not just an IT issue – CSA Director-General
59 minutes -
NSA releases 70,072 postings for 2026/2027 national service year
1 hour