Ghana news briefing
GoldBod denies GH¢1bn BoG overdraft claim, demands retraction and apology from Boako
‘We have never taken a loan or overdraft from BoG’ Responding to Dr Boako’s claim, GoldBod said it had never borrowed from the Bank of Ghana or any other financial institution since its establishment.
Dr Boako made the claim amid an ongoing political and economic debate over GoldBod’s financial performance and the accounting treatment of losses associated with the Domestic Gold Purchase Programme (DGPP).
The Ghana Gold Board (GoldBod) has rejected a claim by Tano North MP and Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, that it owes the Bank of Ghana (BoG) an unpaid overdraft of about GH¢1 billion.
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