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GoldBod cannot claim economic gains and disown costs of Domestic Gold Purchase Programme – Minority

Minority says GoldBod cannot claim economic gains from the DGPP while distancing itself from the programme’s reported financial costs.

Akwatia Member of Parliament Bernard Bediako Baidoo has criticized the opposition in Parliament for shifting the debate over the alleged $1.7 billion loss linked to the Ghana Gold Board (GoldBod) away from facts and towards personal attacks. He contended that the Minority's claims against GoldBod were unsubstantiated, as the losses mentioned in the International Monetary Fund (IMF) report were attributed to the Bank of Ghana, not GoldBod.

Bediako Baidoo stated that the Minority had failed to cite any section of the IMF report where GoldBod's losses were mentioned. He expressed disappointment in the opposition’s approach, suggesting that it was unhelpful for the country’s progress. Bediako Baidoo pointed out that the debate had shifted from the original claim of GoldBod's losses to discussions about the Bank of Ghana’s financial standing.

He questioned why the focus was on GoldBod when the alleged losses should be investigated by the Bank of Ghana. The MP also dismissed comments that the CEO of GoldBod might face legal repercussions due to the alleged losses, calling such assertions unfortunate. He argued that financial losses within an institution should not be considered criminal conduct against an individual without evidence of personal wrongdoing.

Bediako Baidoo pointed out that GoldBod's audited accounts did not show any record of the alleged losses, implying that the Minority's story was unsubstantiated. He urged for a more rigorous examination of the IMF report to ensure public discussions on the issue were grounded in facts rather than speculation.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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