GoldBod rejects GH¢1 Billion overdraft claim as “false and malicious”
The Ghana Gold Board (GoldBod) has rejected claims that it owes the Bank of Ghana an unpaid overdraft of GH¢1 billion. The allegation was made by the Member of Parliament for Tano South, Dr. Gideon Boako. In a statement, GoldBod described the claim as “totally false” and part of a “deliberate and malicious smear campaign” … The post GoldBod rejects GH¢1 Billion overdraft claim as “false and…
Minority Leader in Parliament, Alexander Afenyo-Markin, has dismissed accusations against him regarding allegations of false and defamatory claims concerning his calls for a parliamentary inquiry into financial losses related to the Bank of Ghana’s Domestic Gold Purchase Programme and GoldBod operations. In a statement on his official social media page, Afenyo-Markin emphasized that his efforts aim to focus public attention on procedural matters rather than avoid scrutiny of the issues at hand.
He reaffirmed that his role as Minority Leader is rooted in the constitutional Oversight responsibilities of Parliament, rather than personal motives. Acknowledging public scrutiny, he stated that defamatory attacks should not divert attention from the substantive concerns. Afenyo-Markin maintains his commitment to a Parliamentary inquiry into the reported GH¢22 billion loss from the Domestic Gold Purchase Programme, citing the International Monetary Fund's assessment of a US$1.7 billion loss for 2025.
He calls for transparency regarding the off-takers, discount application, purchase authorizations, and fees earned. Additionally, he seeks a detailed breakdown of the US$1.7 billion loss to clarify the impact of foreign exchange fluctuations and gold prices. The Minority Leader asserts that these questions should be part of the public record, examined through parliamentary processes.
He also announced his intention to seek legal action against defamatory statements but emphasized that this will not divert attention from his parliamentary duties. The statement reflects ongoing political debate over the Domestic Gold Purchase Programme and its financial implications.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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