GoldBod denies GH¢1bn BoG overdraft claim, demands retraction and apology from Boako
The Ghana Gold Board (GoldBod) has rejected a claim by Tano North MP and Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, that the institution owes the Bank of Ghana (BoG) an unpaid overdraft of about GH¢1 billion.
GoldBod, the Ghana Gold Board, has rejected claims by Dr Gideon Boako, a Tano North MP and Deputy Ranking Member on Parliament’s Finance Committee, that it owes the Bank of Ghana (BoG) an unpaid overdraft of about GH¢1 billion. GoldBod described the claim as "totally false" and accused Dr Boako of engaging in a deliberate and malicious smear campaign.
The MP made the claim amid political and economic debates over GoldBod's financial performance and the accounting treatment of losses associated with the Domestic Gold Purchase Programme (DGPP).
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
