GoldBod cannot claim economic gains and disown costs of Domestic Gold Purchase Programme – Minority

It argued that the reported GH¢907 million operational surplus was therefore smaller than the fee income collected from a programme that, according to the IMF finding cited by the Minority, resulted in a GH¢22 billion loss to the state.

The Caucus was responding to a statement issued by the Chief Executive of GoldBod on Wednesday following the Minority’s press conference a day earlier on the financial and operational performance of the institution and reported losses under the DGPP.

The Minority further questioned GoldBod’s reported operational surplus of GH¢907 million, comparing it with the fees it said the institution earned from the programme.