Minority Leader calls for urgent action to address ¢22BN GoldBod losses
BY: VALENTIA TETTEH Minority Leader in Parliament, Osahen Alexander Afenyo-Markin, has called for urgent measures to address what he describes as GH¢22 billion in losses associated with GoldBod, warning that continued losses could undermine the stability currently being recorded in the economy. Speaking to journalists when cultural troupes from Winneba visited his residence in Accra, […]
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.
