Seized Gold Proceeds Will Fund Infrastructure Projects – Goldbod CEO Sammy Gyamfi

Seized Gold Proceeds Will Fund Infrastructure Projects – Goldbod CEO Sammy Gyamfi
Sammy Gyamfi, CEO of GoldBod briefing the press.

Sammy Gyamfi, the Chief Executive Officer of Goldbod, has revealed that proceeds from confiscated gold will be invested in developing key infrastructure across the country. He explained that the government is committed to ensuring that the wealth generated from illegal gold operations is redirected towards national development. According to him, this decision forms part of a broader effort to transform the challenges of illegal mining into opportunities for long-term growth.

He emphasized that the funds will be used to construct essential facilities such as roads, schools, and hospitals, particularly in communities directly affected by mining activities. By reinvesting the seized gold revenue into infrastructural development, the initiative aims to not only restore affected areas but also improve the quality of life for residents. Gyamfi assured the public that the process will be transparent and accountable to ensure the funds are used effectively.

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