Sammy Gyamfi Escapes Further Sanctions From Mahama After Apology for Cash Gift to Agradaa

• Sammy Gyamfi, the CEO of the Ghana Gold Board, has escaped serious sanctions after his controversial cash gift to Nana Agradaa
• The government spokesperson, Felix Kwakye Ofosu, said Gyamfi has been cautioned by the Chief of Staff
• A video of Gyamfi gifting dollars to Agradaa sparked the controversy after it trended on social media

The presidency will not take any further action on Sammy Gyamfi, the CEO of the Ghana Gold Board, after his controversial cash gift to Patricia Asiedua Asiamah, aka Nana Agradaa.

The government spokesperson, Felix Kwakye Ofosu, said Gyamfi has been cautioned to be of good behaviour.

Ofosu addressed the issue during a press briefing at the Jubilee House on May 14.

“The Acting CEO of Goldbod has been cautioned, with no further action expected to be meted out to him."

He explained that the decision was arrived at because Gyamfi has already apologised.

“You would recall that when President Mahama launched the Code of Conduct, he said that one of the remedies for potential breaches is a public apology."

"He also said one of the potential remedies was a caution from the highest level of government. The Chief of Staff cautioned him, having acknowledged the apology and impressed on him to act in ways that reflect public expectation."

A video online of Gyamfi gifting dollars to Agradaa sparked the controversy last week and led to calls for action against Gyamfi.

The two met each other when they attended the one-week observation of Prophetic Hill Chapel founder Prophet Nigel Gaisie's late father on Saturday, May 10, 2025.

Gyamfi apologised for the incident and was later summoned to a meeting with the Chief of Staff.

He claimed he was only showing kindness to Agradaa.

“To clarify, this was simply a kind gesture to a fellow human being, in line with my daily and life-long custom of lending a helping hand to people in need. I sincerely thought that I was doing this act of kindness in private, and never imagined that the same could find its way into the public space. That is unfortunate and regrettable.”

Calls for Gyamfi to be sanctioned

The Minority in Parliament had called for Gyamfi to be sacked or suspended.

At a press conference on May 12, 2025, the Member of Parliament for Walewale and Finance Committee member, Dr. Kabiru Tia Mahama, demanded swift action from the President.

“The minority is calling for the immediate suspension of Sammy Gyamfi as acting CEO of the Ghana Gold Board. This goes against the Code of Conduct, the Forex Exchange Act, and the Currency Act."

In addition to the suspension, the Minority has also demanded a full investigation into the source of the U.S. dollars seen in the video.

Private legal practitioner Maurice Ampaw also called on National Security to search Gyamfi's home.

Ampaw believes that the open display of opulence by Gyamfi is clear evidence that the embattled CEO has millions of dollars stashed in his house, hence the need for National Security to intervene.

Following the update from the presidency, Eric Dumenu Akatsi, a private citizen who filed a petition with the Commission on Human Rights and Administrative Justice (CHRAJ) seeking an investigation into alleged corruption involving Gyamfi, withdrew his petition.

In a letter dated May 14, 2025, Akatsi communicated his decision to CHRAJ, citing a reassessment of the situation.

“I am writing to formally withdraw the petition I submitted on 13th May, 2025, with reference number 122/12/BL.12 regarding the instances of corruption against Sammy Gyamfi, CEO of the Ghana Gold Board. After careful consideration, I have decided that it is in the best interest to withdraw this petition."

Victoria Hamah backs Sammy Gyamfi

YEN.com.gh reported that Victoria Hamah, a controversial former Mahama appointee, backed Gyamfi, and argued against him being sacked.

Hamah, a former deputy minister who was sacked during Mahama's first term as president because of ethical concerns, believed Gyamfi should receive clemency.

Hamah was concerned that drastic action against Gyamfi would discourage innovation and youth in politics.

Youth Employment Agency CEO Malik Basintale was among the National Democratic Congress members who also showed support for Gyamfi.

He shared a photo of Sammy Gyamfi and captioned it with a love emoji, showing his support.

Proofreading by Samuel Gitonga, copy editor at YEN.com.gh.

Source: YEN.com.gh