Philip Osei Bonsu, host of Asempa FM's Ekosiisen show, has formally submitted a Right to Information (RTI) request to the Bank of Ghana (BoG), demanding transparency regarding the financial performance of the state's Gold-for-Reserve (G4R) programme. This request, dated January 7, 2026, follows an International Monetary Fund (IMF) assessment that reportedly identified losses exceeding $214 million within the first nine months of 2025. Mr. Osei Bonsu's petition invokes Article 21(f) of the 1992 Constitution and the Right to Information Act, 2019 (Act 989), seeking a detailed breakdown of the programme's status. He highlighted that while the central bank's 2024 Annual Report omitted any mention of losses, the BoG has yet to publish a comprehensive report on the profits or losses of the G4R initiative since its inception. Specifically, the RTI request asks the Bank of Ghana for: annual gold purchase volumes for each year of the G4R programme; the total financial value of gold purchased annually since the programme began; and year-by-year profit/loss statements. Mr. Osei Bonsu underscored that this request is driven by the public interest in transparency and accountability.

The controversy is intensified by a political debate. The Minority in Parliament has accused the Mahama administration of recklessly expanding the G4R programme, attributing the reported US$214 million loss within nine months to what they describe as a major failure in economic governance and oversight. During a press briefing on Thursday, January 8, Deputy Minority Leader Patricia Appiagyei labeled the situation a