BoG, Finance Ministry Responsible For GH¢22bn Loss – Gideon Boako
Dr. Gideon Boako Tano North Member of Parliament (MP) and Deputy Ranking Member on Parliament’s Finance Committee, Dr. Gideon Boako, has attributed the reported GH¢22 billion loss under the Read More... The post BoG, Finance Ministry Responsible For GH¢22bn Loss – Gideon Boako appeared first on DailyGuide Network .
Dr. Gideon Boako, a North Member of Parliament and Deputy Ranking Member on Parliament’s Finance Committee, has attributed the reported GH¢22 billion loss under the Domestic Gold Purchase Programme (DGPP) to the collective responsibility of the Ghana Gold Board (GoldBod), the Bank of Ghana (BoG), and the Ministry of Finance. Speaking on Adom TV, Dr. Boako argued that the three institutions cannot distance themselves from the financial outcome of the programme due to their respective roles in its implementation and financing.
He emphasized that the reported loss should not be treated as an issue concerning only the Bank of Ghana’s balance sheet, but rather should be examined thoroughly to determine who ultimately benefited from the programme.
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