GoldBod must appear before a parliamentary inquiry to answer for gold-trade losses — Appiagyei
The Minority in Ghanaian Parliament has demanded answers from Ghana Gold Board (GoldBod) regarding financial losses incurred through the Domestic Gold Purchase Programme (DGPP). Deputy Minority Leader Patricia Appiagyei emphasized that the inquiry is not an attempt to undermine GoldBod, but rather a legitimate request for transparency about the use of public resources.
The dispute centers around the IMF's findings, which suggest that the BoG may have incurred a US$1.7 billion loss on gold transactions. While GoldBod's CEO Sammy Gyamfi maintains that the programme was profitable, the Minority insists that questions must be answered regarding the management of public resources and the financial discipline exercised during the programme.
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