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Home » Here is how much Sammy Gyamfi earns, other benefits as GoldBod CEO

Here is how much Sammy Gyamfi earns, other benefits as GoldBod CEO

johnmahamaBy johnmahamaMay 12, 2025 Ghana News No Comments2 Mins Read
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Sammy Gyamfi is the CEO of GoldBod Sammy Gyamfi is the CEO of GoldBod

The Minority in Parliament has disclosed the salary and the benefits of the Chief Executive of the Gold Board, Sammy Gyamfi, amidst his dollar gift saga.

According to them, his salaries and benefits far outweigh those of an MP, which they say raises questions.

They have, therefore, listed his entitlements as follows:

A. GH¢1.5 million annual salary, i.e GH¢125,000 per month, subject to a 15% increase every year.

B. Clothing Allowance: 15% of annual basic salary

C. Security: Provision of two personal security officers or GH¢6,000.00 for each

officer as a cash equivalent.

D. Provision of one gardener or GH¢4,000.00 as a cash equivalent.

E. Full medical cover for the CEO, spouse, and up to five children under 18 years or up to 22 years

F. Provision of two company cars (e.g., Toyota Land Cruiser VS), with full maintenance and insurance

G. 1,500 litres of fuel monthly for each official vehicle

H. The vehicles may be sold to the CEO upon contract expiration or termination per the Company’s Asset Disposal Policy.

I. Thirty (30) working days of paid vacation annually, exclusive of public holidays.

J. Annual Familiarisation Tour: Airfare up to USD 10,000 annually upon proof of

travel. Per diem of USD 2,000 per day for 7 days, payable in advance.

K. Business Travel: For official duties, the CEO is entitled to business class tickets and a USD 2,000.00 per diem per day of travel.

L. Personal accident and life insurance cover valued at five (5) times the CEO’s annual salary.

It will be recalled that Sammy Gyamfi was captured on camera giving some dollar notes to Evangelist Patricia Asiama, aka Agradaa.

He has, however, apologised for the act, but the Minority has condemned the behaviour and is asking for the necessary sanctions to be applied.

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Here is how much Sammy Gyamfi earns and all his other benefits as GoldBod CEO

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