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
-
Bond market: Turnover rises by 343% to GH¢7.16bn
4 minutes -
GBLA 2026 set to honour business excellence and leadership
14 minutes -
Feed Ghana programme targets tomato self-sufficiency to stabilise prices
15 minutes -
Intelligence is accumulated experience in motion
20 minutes -
MoFA distributes 40k bags of fertilizer, drones to boost food production in Northern Ghana
20 minutes -
NDC orchestrated CJ’s removal on weak grounds – Alfred Tuah-Yeboah
29 minutes -
Amenfiman Community Bank delivers 71% return on investment to shareholders
43 minutes -
Future NPP government could reopen discontinued criminal cases – Tuah-Yeboah
49 minutes -
Your retention problem isn’t about pay – It’s about progress
49 minutes -
Parliament to push for compensation for GBC over land taken by GRA—Felix Ofosu
51 minutes -
SeamlessHR backs Ghana’s digital transformation agenda at the 10th Ghana CEO Summit
55 minutes -
Gov’t distributes 40,000 bags of fertiliser and drones to farmers under Feed Ghana Programme
1 hour -
GRASAG welcomes Ghana National Research Fund launch, urges graduate inclusion
1 hour -
There’s nothing like consensual sexual affair between teacher, student – GES
1 hour -
EOCO declares Joseph Owusu Badu wanted over alleged investment fraud
1 hour