Urgent.News

What's breaking now, across thousands of outlets.

World

GoldBod losses: We demand full disclosure – Former Finance Minister

“We are asking for documents that already exist, several of which the law already requires to be public,” Dr Amin Adam said.

GoldBod losses: We demand full disclosure – Former Finance Minister

The Minority Leader of Parliament, Osahen Alexander Afenyo-Markin, has urged for immediate action to tackle alleged GH¢22 billion losses incurred by GoldBod. In an interview with journalists, he emphasized that while the cedi's stability is commendable, it must be sustained through prudent measures. Afenyo-Markin warned against treating the issue as a mere political clash between the NPP and NDC, stating that it poses a real economic threat to Ghanaians.

He called on Parliament and the public to probe the GoldBod's operations, the gold purchase price, commissions, bonuses, and off-taker terms. He also questioned the Bank of Ghana's bullion sales, saying these are critical issues needing more scrutiny. Afenyo-Markin urged the government to address these issues, considering the fiscal constraints it faces and the need to protect the economy while sustaining the gains made in exchange-rate stability.

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

This story

This is one outlet's version. Read the fullest account.

Read the original at 3news.com →

More in World

More from Tuesday 1 September →