GoldBod must be more accountable to Ghanaians – Haruna Iddrisu
Education Minister Haruna Iddrisu has called for stronger accountability at the Ghana Gold Board (GoldBod), citing the scale of funds involved in its operations and the need to address reported losses. He said attention should focus on improving the institution’s performance and ensuring that its operations, as well as those of the Bank of Ghana, […]
Education Minister Haruna Iddrisu has called for greater accountability at the Ghana Gold Board (GoldBod), citing the significant funds involved in its operations and recent reported losses. Iddrisu emphasized the need to improve the institution's performance and ensure that both GoldBod and the Bank of Ghana do not incur avoidable losses.
He stressed the importance of revising GoldBod legislation to make it more accountable to the Ghanaian public, given the vast sums at stake. The Tamale South MP acknowledged the existence of losses but urged a united response to address these concerns. Iddrisu questioned the ability of GoldBod and the Bank of Ghana to operate without incurring such losses, urging the nation to find a solution.
He criticized the opposition's decision to walk out of Parliament during the passage of the GoldBod bill, labeling it as "immaturity." When asked about supporting changes to prevent future losses, Iddrisu expressed openness to the idea, stating that President Mahama would consider any objective suggestions from Ghanaians aiming to enhance GoldBod's performance.
Despite calling for improvements, Iddrisu defended the economic benefits of the government's gold interventions, noting that they have bolstered Ghana's gold reserves and stabilized the currency.
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