Ghana’s GoldBod–DMCC Deal Sparks Legal Concerns Over Parliamentary Oversight

By Bradley Riviera

Accra, Ghana – A strategic gold trading agreement between Ghana’s Gold Board (GoldBod) and Dubai-based DMCC is facing scrutiny over its legal standing, with experts warning that bypassing parliamentary approval could expose the country to litigation and reputational risk.

Mining policy analyst Ing. Wisdom Gomashie cautioned that the deal, which involves gold export protocols and trading frameworks, may not have followed due process under Ghana’s mineral governance laws. “Any agreement of this magnitude must be ratified by Parliament to ensure transparency and protect national interest,” Gomashie stated.

The GoldBod–DMCC partnership is intended to streamline gold exports and attract foreign investment, but critics argue that the lack of legislative oversight undermines accountability. Civil society groups are now calling for a formal review of the agreement and greater stakeholder engagement.

As Ghana continues to position itself as a regional gold trading hub, the controversy highlights the need for robust governance mechanisms to balance commercial ambition with legal integrity.