Ghana news briefing
GoldBod did not record GH¢22bn loss; audited accounts show GH¢5.44bn surplus – Institute of Fiscal Policy Governance
It said there was a distinction between questioning the costs incurred by the Bank of Ghana under the Domestic Gold Purchase Programme and claiming that GoldBod itself incurred a GH¢22 billion loss.
The Institute said the figures were contained in the institution’s audited financial statements and therefore could not be characterised as a GH¢22 billion loss without additional evidence.
The Institute further accused the Minority of conflating GoldBod’s financial position with the financial implications of the Bank of Ghana’s Domestic Gold Purchase Programme.
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