Sammy Gyamfi ‘DESTROYS’ Kofi Bentil on GOLDBOD & BoG losses — the ending left everyone STUNNED!😳 🔥😱

Added: 2026-05-10

[00:00:10]Senior Vice President Africa.

[00:00:28]It looks like all the submissions from.

[00:00:41]The second part is that The body language of comflious cleaning specialist hospital init number one in this countryflower Green solution green solution center billion GH education.

[00:02:01]It looks like indictment on government.

[00:02:07]Okay. Government is supposed to manage the affairs of the nation for the greater good of the most people. All right. So some people would go down. of people will go up but you are supposed to work for the greater good of the most people and you are a manager now I don't run defense for the previous government when it comes to how they manage the economy I think it was abysmal okay but all of us here are lawyers we say there are matters of fact and then there are matters of law in ordinary language there is what actually happened and then there is the explanation for it okay Um what has happened now is that the economy is better. I don't have those arguments.

[00:02:52]Question how did it happen?

[00:02:55]The three people say you understand and honestly I have on many occasions said we're in a better place. My only problem with Samir and his colleagues is their tone. Okay. And sometimes the way they politicize these things, they say when the frog dies, you will see it length. All right?

[00:03:21]I'm saying these things because you see when you talk about things like profit and loss. H if you are accountant A and I am accountant B, we look at the same set of figures.

[00:03:34]We will arrive at different profit and loss figures depending on how we approach it. So people say profit is an opinion. If you say you've made 10 cities profit, it's your opinion.

[00:03:42]Somebody will come and read the same set of facts and conclude that you've made two cities profit or you made a loss.

[00:03:49]Okay. Who feels it knows it? The extent of your management or the effect of your management is about how people feel today. My only problem, I've said it so many times, is is what you are doing sustainable?

[00:04:07]You don't sell your house to buy food.

[00:04:10]When you are finished, where will you live? Is it sustainable? And I've made the point that today we are selling gold designed to make losses. Sam has explained it at length. Okay. But I worry, okay? And strategy is strategy.

[00:04:29]And there are times you go to war and you know the battles you will lose, but you lose them because it helps you lose battles to win wars. So again when it's said and done imagine this imagine the next MPP government comes into office they will clearly scrutinize all the things that Sami has said they will not be saying what Sam is saying and explaining the facts the way Sami is explaining now so me I think we should tone down the politics when it comes to things like you know economic and energy it's just that maybe it is not possible so we need to appreciate the fact okay that >> if what you are doing is not sustainable we should be careful trading gold designed to make losses. I mean I've heard Sam they are going to move from there. Gunrap is coming in and all those other things.

[00:05:14]>> That's what I'm looking for.

[00:05:16]>> Okay. So sustainability.

[00:05:19]>> Okay.

[00:05:19]>> Mhm. Then you have this issue of the gold thing that you know was sold and those things which we've been talking about and you you brought the message that Bandit says he was I said I've been ready since then though I keep looking I will take you. No, no, no. It's not about me going. He says I should come and I'm like, "Okay, come explain it to me." Because there's nothing to explain.

[00:05:44]Fact. You sold the gold. Fact. You came to meet that gold. Fact. Today we see that that money which everybody said, "Oh, we converted from gold reserves to dollar reserves. That money is in your P&L more or less and essentially is helping to reduce the volume of losses that you make. See, confidence is hard.

[00:06:05]So when you make your decisions, I really don't agree with them. I stated facts. My problem was that after you sold the gold, shortly after we had a higher price of gold. So I'm saying even though you bought it, let's say at 10 cities and you sold it at 15 cities, >> shortly after you sold it, the gold price went to 20 cities and then it dropped back to let's say 12 cities, >> there's what we call nominal profit.

[00:06:28]There's potential profit. I'm saying >> if you wanted to sell gold, all the analysts were saying is going in a certain direction. If you had waited a bit would have gotten 1 billion more.

[00:06:37]Now you say, "Oh, I made a profit because I sold it for more than I bought it for." That is nominal profit. You could have made a higher potential profit. Okay? And yes, the gold price dropped, but it dropped to a point which is higher still than what you bought it for. And the final thing is that that gold was meant for reserves. You said you sold it because you wanted to rebalance our reserve portfolio, but it ended up in your P&L and it reduced your losses. Question, is that sustainable?

[00:07:02]If we end up with the same situation next time, would you have 18 tons of gold to sell? Okay. And I appreciate that you're saying you are cooling the economy and whatever it is. Many things cool the economy. And I've made the point the DD that we all hate. Okay.

[00:07:15]Took a lot of pressure out of the economy because millions in terms of debt that government should have paid which this government would have inherited was taken out of the system.

[00:07:26]So that DDP is part of what has made this economy cooler. All right. That gold that you sold has helped make this economy today cooler. Okay? When it was launched, Sami and Coast blasted it for politics. It is politics. But you see, if tomorrow somebody comes and is slamming Sami and doing whatever it is, there are things I would defend him on.

[00:07:48]Okay? But today he for instance is not sounding as magnanimous as he should sound concerning of PMMC. Okay? And when my brother inherited PMMC, nobody respected that institution, okay, but he built it to a point, okay, working with the government of the time, okay, Sami took it over at a point where it was way healthy than when he took it over and Sami and had this gold board idea. I read through it.

[00:08:18]It's a brilliant idea. In fact, we have been making the same point that personally I don't see why 100% of our gold is not sold in cities at a certain rate to Ghana government then we will monetize it internationally make the dollars like what they doing. So gold is a great idea. I still maintain that the gold board law is problematic because it is too powerful. It makes that institution way too powerful. They have security powers. They have all kinds of things. When people or when the system starts grinding down, you start having problems, they will crank up their security powers. They will start arresting people. They will start calling people things and that kind of thing. And all of a sudden, you will see gold board turn from just a trading institution to some sort of gestapo arresting people for whatever it is and that kind of thing. There are always kind ways to balance things here and there that kind of. So what I'm saying is this >> Sami should one appreciate that his views are his opinions. Now really what our people feel is what's going on in the economy. Nobody can argue with that.

[00:09:19]Two, when it comes to what other people also say, he should calm down small. He inherited some good, inherited some bad.

[00:09:27]What he is doing, what they are doing, there's a lot of good. I've spoken about some and there's also a lot of bad. I sat here and said and he got on air and blasted me. What he's calling small scale gold which they are mopping up which is a good thing. But there are two sides to every coin. You are bumping out small scale gold. Google it today. It has been said 60 to 80% of that small scale gold is galami. So I'm saying look I've said elsewhere that we've lost the galam fight. And given that we are mopping the gold and at least making some benefit that we were not making from galam which is mopping it up together for for it. What we should be doing now is for gold board and coal to actually set up reclamation teams go out spend some of the money to reclaim the space and put some things there you know but they have fought me on this issue saying no no no no as if to say the small gold you are buying there's no galam inside or at least is not even majority galam but the records are there okay so there is another side to everything and when we play too much politics with these things kind of you know comes back to by me I think we should have what we call in money a rational elite consensus bipartisan that look this is how we are going to handle economy going forward this way and that way the way they blasted Dr. about me and co for the gold thing and by the way the gold for oil gold for reserves and that kind of thing they were not perfect they were not perfect we had things to say about them I mean it was arbitrage trading a couple of things and it wasn't well but the idea was clearly good and that's what they've taken up that's what they've improved that is what governance is about that is what governance is about but Sam slams them as if these were people from hell who came and destroyed the whole country what he inherited if it was a destroyed country he wouldn't be able to do in less than 2 years what he's able to do okay and I hope that the next government that comes picks up from where Sammy left off okay and moves us into the next level that's how we make development in this country we go forward and then we come back because everybody is slashing everybody all right so see facts are sacred okay economy is better but two they have pumped in billions of dollars worth of gold money to make this economy stable that's what I or mal economics. When I say mala economics, it's not sophisticated. If you can pump dollars into the economy, the city will stabilize. The people who are 30 tons of gold, if they sold all of it and formed it into the economy, the city would have stabilized. It's about choices. They've made the choice that this is a better thing to do because the collateral effect on the economy and on people and everything is better. So, we should take the hit for it. It's a choice.

[00:12:07]My point is can you sustain the level of losses we are making and for how long and sometimes you make a decision a difficult decision today and it makes tomorrow better sometimes to you make a an easy decision today you kick the can down the road it makes tomorrow worse like I said DD was difficult still people haven't recovered from it but it's made us better today what they are doing now would it make things better tomorrow or create stress and problems for somebody else to come and solve tomorrow.

[00:12:40]>> So is it sustainability question is the first question how sustainable is this going forward? Number one, um my senior brother Kofi Benel is right that profit is considered by many as an opinion. But when we say profit is an opinion, it does not mean that you can pick the audited financial statements of a central bank and just conjure any figure and say in my opinion they made a loss of 45 billion. Then another person says in my opinion they made a loss of 34 billion. That is not what we mean when we say profit is an opinion because in expressing that opinion accountants use internationally accepted principles and law to do the audit to express that opinion. So if you are expressing a counter opinion then you need to tell us that that auditor in this case KPMG one of the biggest you know and the most credible audits and accounting firms in the world got it wrong and this is why per the rules the figure should have been this but simply adding OCI laws to P&L laws and saying that you are deducting gains from go sales from it to get 45 is not an opinion that is voodoo mathematics Mhm.

[00:13:56]Because you expect them to add losses they make on gold deals to their P&L which they have done 9 billion. But when they sold gold and make gains, you are saying don't add. You have deducted it.

[00:14:07]You've deducted it based on what accounting rule. So when you say um profit is an opinion, it doesn't mean that you can wake up from your bed and say somebody made profit or loss of 100 billion and you don't have any rules, any law, any basis for it. That's number one. Number two, When your friends print over 44.5 billion cities for the central government and you criticize them >> and a central government come and must mop up that excess liquidity to bring inflation from 23.8% to 3.4%.

[00:14:40]which saw a reduction in food prices by 32% according to Agra in 2025 >> when the dollar in the retail market moves from 16 cities to 11 cities in bank 14.75 to 10.45 four, five, please.

[00:15:06]Number three, he says that um yes, the economy is better. Thank you for acknowledging that the economy is better. But he says that how did we achieve it and is that sustainable? Oh yes, that is sustainable. Why? Because the loss you're talking about number one revaluation loss 5.4 billion. Why?

[00:15:23]because the CD for 3 years 2022 depreciation of 30%, 2023 depreciation of 27%, 2024 depreciation of 19. So 3 years cumulative depreciation of 77%.

[00:15:38]Then in 2025 we correct that by appreciation of 41%. And that gives you revaluation loss on your P&L of 5.4. In 2026, we won't have that revaluation loss because the city in 2025 will not appreciate by 41%. The correction has already taken place from 14.75% to 10.45% and now it's 11. So the appreciation will not be 41% again and therefore the bank of Ghana will not suffer the same revaluation loss it suffered in 2025 in 2026. Again it is sustainable because the excess liquidity has been mopped and sterilization cost the interest they paid in getting that liquidity from the market 16.7 billion.

[00:16:18]They have brought inflation down from 23.8% to 3.4%. They will not do any mopping up aggressively like they did in 2025 and 2026. So the sterilization cost for 2026 will not be 16 billion. So that is sustainable. Is it s gold deals is sustainable because now gold board has settled down. We've told Bank of Ghana you are not the main institution which is supposed to trade good. support us and let us do the trading not under domestic good purchase program which according to Kofi Benal was designed to make losses >> by his friends to make losses designed by them. Now we are implementing gun wrap which is designed to reduce those losses from 16 to 7.25% then to 5% then to 3% until we eliminate it. So that is the reset. So sustainability you have your answer there. Then he talks about sale of good. You see, Senior, you know, I I like you so much.

[00:17:14]>> I don't think >> but Oh, please. I I then I'm telling you, I love you so much, but on this matter of good sale, I've watched you over and again on this platform. You totally getting it wrong, and I want to explain it to you. Okay.

[00:17:27]>> Mhm.

[00:17:27]>> First of all, your claim that the gold that was sold was accumulated by the PPP government is not wholly true.

[00:17:33]>> Did you 30,000?

[00:17:34]>> Yeah. No, listen to me. Listen to me.

[00:17:36]And the impression that is created as though John Mama and the NDC and Governor Sama they didn't do anything about good reserve accumulation. They just came met gold and they sold it is not true.

[00:17:46]>> By the year 2021 Ghana already had eight tons of gold in our reserves after two of us. Let's let's make it a dialogue.

[00:17:53]True that eight tons was not bought by the NP. Yes.

[00:17:58]>> Then in their 8 years by the time they were leaving they increased it to 30 from 8 to 30 which was the record. In eight years, what did they add? 22 tons, right? 22 tons.

[00:18:07]>> 30.5 tons.

[00:18:08]>> Yes. So, they added 22 tons. A follow me.

[00:18:11]>> Yes.

[00:18:12]>> We came and in one year we added 10 tons in one year.

[00:18:16]>> In 8 years, you added 22 tons. In one year, we added 10 tons and we moved it from 30 tons to 40 tons.

[00:18:22]>> Mhm.

[00:18:23]>> And then we sold 22 out of it and it is left with 18. So it is not correct to say NP came to accumulate reserves and somebody came to sell it because we also accumulated 10 tons in only one year and we came to meet PPP also came to meet eight tons.

[00:18:39]>> Yeah.

[00:18:39]>> So get it right. Number two, why was the good sold? It is simple risk management because when we we talk about foreign reserves and we say Ghana as a December 2025 had reserves of 13.8 billion. It is not all dollars. It is gold and it is dollars. Okay. Why is do we hold some of the reserves in gold and dollars?

[00:19:03]Diversification.

[00:19:04]>> But the basic rule is that for middle income countries averely the share of your reserves in gold >> averely 20%.

[00:19:14]>> The share of your reserves in dollars cash is what 80%. Because why? Because don't say because your reserve usually is giving you only 3 months of import.

[00:19:25]So when there is an emergency and you have to fall on those reserves, you need reserve that is very liquid which is dollars. The gold you have to go and sell before you convert it into dollars.

[00:19:35]And that is why for a middle income country that has your reserves can only go 3 four 5 months. You can't keep 40% and over in gold. Second volatility of gold. Gold was about $5,500.

[00:19:49]In one day this year, March, President Trump confirmed that he was going to appoint Kevin Walsh >> as the new chairman of the Federal Reserve.

[00:19:59]>> In one day, because of confidence in Kevin Walsh, the dollar went up in strength. The dollar index went up and gold dropped in one day 15%.

[00:20:09]>> That should tell you the volatility of gold. So, if you hold more of your reserves in gold and the price is going up, you're happy gold is going up. But one day gold will drop bum and your reserves totally wiped up. So by October November 2025 because gold had gone up from 2700 in 2023 to 4,300 in 2020 uh 2024 to 2025.

[00:20:37]The share of gold in our reserve portfolio had increased from about 20% to over 42%. Then the bank said no this is risky. Do you know that the IMF and I'm saying this for the first time on public record? You can check with the IMF country director. The IMF was one of the institutions that advised the central bank to reduce its gold holdings.

[00:21:00]>> The IMF.

[00:21:01]>> Yes. Because they wanted us to reduce the risk.

[00:21:03]>> IMF.

[00:21:04]>> You can't hold 40% of your reserves in gold.

[00:21:08]>> So what did we do? Sell 22 tons of your gold holdings and don't spend the money.

[00:21:14]use the money to invest in in an instrument and get interest on it. So if I have gold and I convert the gold into dollars and I invest that dollars I have gold of 22 tons I convert it into dollars going up hold no you are wrong I will show you gold was not going up I will show you I trade good so I'll show you hold on so that is risk management number two in gold trading we don't say that because gold is going up if I have good we don't sell that is wrong I trade good so I'm your younger brother let me explain that to you no let me tell you why started >> because because Gold is a proven saving asset and the presumption is that it will always rise.

[00:21:55]>> And so if you want to follow the fact that gold will rise, you will never sell good. You will worship gold like bosom >> because at any even if gold rises to $10,000 an ounce, it will rise again. So why sell it at 10,000? Somebody will say why sell it at 10,000? It would have gone to 15,000. So why sell it at 10,000? When it gets to 15,000, somebody would say gold would have risen. It would have gone up. So why sell it at 15,000? No, >> in trading gold, you buy low and when the price goes high and you get a certain gain, you you sell to realize again AND THEN YOU BUY AT THAT PRICE THAT YOU SOLD AGAIN. So if I bought gold at $3,000, are you listening to me?

[00:22:34]>> And the price goes to $4,000, I won't say that because it can go to $5,000, I won't sell it at $4,000. I will sell it at $4,000. realize the gain of $1,000 between $3 to $4,000 per ounce and I will buy gold again at $4,000 so that when the price goes to $5,000 I still benefit again. So we buy gold continuously every day. You don't say that gold would have gone higher. So why did you have to sell but it could have also come lower and in fact let me tell you this in 2025 gold went up 65%. By November, the market was predicting that that surge, that bullish run was going to be corrected, was going to be reversed and that prediction was apt. The reason why the reversal didn't happen in January, February, March because we woke up one day and Donald Trump went and arrested Maduro of Venezuela. Donald Trump declared that he wanted Greenland and that tension was what drove gold up in.

[00:23:36]And later on when Iran war came and oil prices were going up and the dollar was strengthening, gold collapsed. So don't say that there wasn't grounds for the bank of Ghana to sell again. They said we've sold the gold to some people and we are going behind to buy it. Please for the records the gold was sold to City Bank of America. City Bank, you know them, you are well exposed, well troubled, City Bank, Canada. We sold it to B. We sold it to B the bank the bank of international settlements in Switzerland bank of international settlements.

[00:24:09]Listen to me listen to me very well. And when we sold the go the dollars we got he says that we didn't add it to reserve we added it to profit and loss. Oh you you've deviated because when we sold the gold the proceeds went back to reserves and invested the gain is what is 9 bill 9.5 billion which is in profit and loss.

[00:24:30]You you understand? So, I bought gold at 3,000. I sold at $4,000. The gain I made, which is $1,000, will be in my P&L. But the 3,000 that I used to buy the gold, which I have now sold, is in my reserves and invested. In fact, including the game, all invested.

[00:24:47]>> You understand? Then they say that um we are buying it back. The gold we sold is gone. City Bank B, nobody's buying it back.

[00:24:55]>> But what are we doing? We are still buying gold from large scale mining companies under GRAP. Look, if the gold was in the reserve and we were worshiing it like an idol, we would have still bought gold at 4,7 today, two of us.

[00:25:09]Would we tell large scale mining companies that we have gold in our reserves? So, we are canceling our gold reserve accumulation program, we won't buy gold again. Even if gold goes to $20,000 an ounce, we will still buy gold because we are a gold producer and we are deliberately using gold to build reserves. So at every time you buy gold and the gold we are buying is not from those who we sold the gold to. We are buying it from small scale miners which we convert it into into dollars and we are buying it from last scale miners which we put in our reserves. So number one you are wrong. We didn't come to meet P M PP accumulated good reserves that we did nothing we didn't add anything and we sold MPP came to meet eight tons in 8 years they added only 22 tons. We in only one year added 10 tons.

[00:25:54]>> And you sold how many tons? We saw 22 tons and how much you want?

[00:25:58]>> 22 tons and that 22 tons. You don't even know the first time. Listen to me.

[00:26:02]Listen to me. The first eight you have left too.

[00:26:08]>> Hold on. Hold on. The first time the bank of Ghana sold his gold part of his gold reserve was December 2022. Were you in this country?

[00:26:17]>> They sold their gold to get liquidity because they didn't even have money to spend. December 2022, the Bank of Ghana was broke. It went into its reserve and sold gold for $140 million. You didn't even know gold.

[00:26:32]Listen to this. Listen to listen to this. So, it is a conversion of your reserve from gold into dollars >> and then investing the dollars. Then you didn't sell it to inferior company. You sold it to City Bank of America and the bank of international settlements and the money you got is invested and you are still buying gold at every price. So the if gold should go to 10,000 we will not lose because we are still buying gold and we will get that appreciation.

[00:27:05]Nobody buys gold and worships it like an idol because gold is presumed to always go up. then you will never sell any good you buy. So let's understand the destin you you you came and met gold and you've sold it. Look if we want if we are interested in keeping gold in our vault as and and woriing it as an idol.

[00:27:25]>> Nobody has said that to >> we I alone without the bank of Ghana in 2 months March April I didn't ship gold.

[00:27:32]Do you know the gold I had in my B 15 tons of gold just two months but the central bank says we want this gold rather in dollars because Okay. So for a middle income country liquidity what is most liquid is dollars gold is secondary also because of the volatility. You understand? So you people are just misinforming I'll come to he knows the fact demonstrate rightly so. Why? Because you made a loss of 16.8 billion. Not because the CD appreciated. No, the CD depreciated by 30% and inflation was 54%. Why? Because the Bank of Ghana Addison printed 44.5 billion CDs in 2022 alone per his own admission >> in breach of section 30 of the Bank of Ghana act for Kenophorata to waste. And when it was time for Bumia to pay that money, pay interest, they said they will give Bank of Ghana haircuts. They won't pay.

[00:28:40]>> And so that led to the 60.8 billion loss, the Bank of Ghana suffered. And in the midst of that loss, you said you were going to build a new head office at $80 million and you ended up spending $250 million. Tell me, were we right to demonstrate or not? In the case of 2025 under Johnson, Dr. Johnson, has he and his deputies and his team >> that wonderful team of national heroes, patriotic, diligent minds, have they printed even one CD for and mama to spend?

[00:29:16]>> They've not printed any money.

[00:29:17]>> Have they incurred losses because they printed money for the government and the government failed to pay through DD for which reason they have recorded losses?

[00:29:25]No. So the two situ the two conditions are not the same. We were right to if Governor Addison go on goes on I mean Governor goes on a money printing spree like Addison did and plunges the bank of Ghana into laws. I will lead a demonstration against him. He has not done that. He has only incurred 15.6 billion operating loss because he has been so effective in discharging his responsibility. the CD appreciated and because the CD appreciated his dollar denominated assets lost value 5.4 billion. He's both so been so effective in mopping up excessive liquidity to bring down demand pool inflation on overall headline inflation from 23.8% to 3.4% and therefore incur sterilization cost of 16 billion. That is not something to demonstrate about or to attack him about. Then finally he says that the bank was doing well and we have taken the bank back. Okay.

[00:30:25]you were doing well because in your other operating income as I showed with the data do you know that the bank the the bank of Ghana under the MPP 2024 they made profit of 4 billion because the CD depreciated and Ghanaian software >> which you mentioned >> in the P&L in the P&L they made another profit from CD depreciation of 2.1 billion in the OCI was um 10.5 billion in the profit and loss they made profit because of the depreciation 2.1 billion we have made a loss on the profit and loss 5.4 four below because of the CD appreciation Ghanaians will judge. You see at the end of the day it is about what Ghanaians are feeling. You see the reason why the noise they making they can't even bother to uh their press conference they did it on the Sunday media for crown court.

[00:31:14]They can't do a demonstration. Ghanaians don't care about what they saying because the Ghana the Ghana man who is changing dollars every day to buy cities every day to buy dollars for imports the one who is buying fuel appreciate the work that the Dr. Johnson a le bank of Ghana the atforson le ministry of finance and the mama le government has achieved for this country in fact I think I've spoken I've taken too much of the time of the >> receded some time some of his time to you so give this part of your time god bless you so I want to thank you very much um I know that I know that Mr. will no longer talk about gold sales again.

[00:31:54]>> I have promised to take him to uh the governor of the central bank for further and better particulars.

[00:32:00]>> What he's saying, he got it wrong. I I don't think he meant he meant he meant um what it was lack of information. I think that now that he has information, he will not matter.

[00:32:13]It is not settled at Thank you very much. It's not about whether they should or should not. Like I said, it's choic when you make the choice. No, when you make the choice, you stand with it. You you you you sit with it.

[00:32:23]>> We should worship the good.

[00:32:24]>> No, nobody says that.

[00:32:25]>> When you buy good and you get a gain, you realize the reason for getting good is to trade it.

[00:32:31]>> Not trading it. What is trading? Trading is buying and selling. You don't >> trading is not buying and keeping.

[00:32:35]Trading means buying and sell.

[00:32:37]>> You don't at the wrong times and you don't trade simp. You know, but we sold the book at the right time and we made profit of 9.5 billion >> and then bought at another price and we making gains again.

[00:32:48]>> You know what I suggest to you? You know simple as that. You know what I suggest to you?

[00:32:52]>> Don't bother have a gold forum >> and don't just put people there who will sing your praises if you like. Lock the door put the media people out. Let's think through how to make >> I I will consider this seriously of our gold as a country. I will consider it seriously >> and bipartisan >> and I will I may consider as such for making you one of the speakers >> and sharing it's not about that really >> but I think that but I think that I think that for the sake of the integrity of the central bank I think that now that you know the facts are clear and because you are a personality with huge following is important to correct some of the things you said cuz I used to watch you when you said when you were here saying they saw the gold and now they going back to buy it at a higher price. Oh, that you got it wrong.

[00:33:38]>> You said a lot.

[00:33:41]I got it wrong.

[00:33:43]I think we sold it to City Bank of America. I told you there are facts.

[00:33:46]See, you are here. Listen, there are facts and then there's law or explanation.

[00:33:51]>> When you say you sold it to City Bank, you show you sold it to whatever.

[00:33:55]Listen, >> Governor Ama >> doesn't own the gold. He occupies an office.

[00:34:02]>> Yeah.

[00:34:03]Now in this country we have right to information. It is yours to make the decisions. That's why we voted you into office. Okay. But if you do something on behalf of the people, okay, put the information outside.

[00:34:18]>> That's why I put information out.

[00:34:19]>> No, wait, wait, wait. You're not listen.

[00:34:23]Cool down. Information is not what you say. Give us the documentation. Show that you sold this at this price to city bank. Okay. you sold this at this price to B. It's not something sitting down and saying it >> and >> you facilitate the the >> but you can you don't worry we'll settle it off. We will get there.

[00:34:45]>> So you you facilitate we'll get to we'll make it we'll make it up to donating good. Thank you very much. Thank you Mr.