PMMC Was Not Audited From 2020 to 2024, Says Yaa Titi Okrah โ€” Credits Sammy Gyamfi for 2025 Audit

PMMC Was Not Audited From 2020 to 2024, Says Yaa Titi Okrah โ€” Credits Sammy Gyamfi for 2025 Audit

A social media post by Yaa Titi Okrah has drawn attention to what she describes as a significant lapse in the auditing of the Precious Minerals Marketing Company (PMMC). According to her post, PMMC was not audited from 2020 to 2024, and it took Lawyer Sammy Gyamfi to ensure the audit was finally conducted in 2025. The claim, if accurate, raises serious questions about financial oversight at a state institution responsible for the marketing and export of Ghana’s precious minerals โ€” a sector of enormous economic importance to the country.

PMMC plays a critical role in Ghana’s gold and diamond trade, serving as the national assay authority and overseeing the valuation and export of precious minerals. For an institution handling such high-value transactions, regular auditing is not a luxury but a fundamental requirement of accountability. A four-year gap in auditing would represent a notable failure of oversight, particularly during a period when Ghana’s economy faced significant fiscal pressures. Yaa Titi Okrah’s post implies that this gap went unaddressed until Sammy Gyamfi’s intervention in 2025.

The mention of Sammy Gyamfi is politically significant. A prominent figure in the National Democratic Congress (NDC) and a lawyer by training, Gyamfi has been associated with efforts to improve transparency and accountability in state institutions. Crediting him for the 2025 audit frames the current government as one that is cleaning up messes left by its predecessor โ€” a familiar political narrative. It also invites questions about why previous audits were not conducted, who was responsible, and whether the institutions meant to provide checks and balances were performing their roles.

If the claim holds up, the implications extend beyond PMMC. A failure to audit a state company for four years suggests weaknesses in the broader public financial management system. The Auditor-General’s Department, the Public Accounts Committee of Parliament, and the Ministry of Finance are all part of the chain of accountability. When any link in that chain fails, the consequences can be significant: losses go undetected, mismanagement goes unchecked, and public trust erodes. This is precisely why the timing and completion of audits matter, and why claims of delayed audits deserve serious scrutiny.

For now, Yaa Titi Okrah’s post is a strong assertion that merits verification. If confirmed, it will add to the growing list of concerns about how state institutions were managed in recent years. If disputed, the public deserves a clear explanation of what actually happened. Either way, the conversation it has sparked is an important one. Ghanaians have a right to know whether the institutions handling their mineral wealth are being properly audited โ€” and if they are not, why it took so long to fix.

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