Ghana news briefing
GoldBod made over $1.7bn loss from gold trading - Minority in Parliament alleges
By GhanaSummary Newsroom1 min read
He maintained that GoldBod could not claim the benefits of the gold trade while shifting the associated losses onto the Bank of Ghana.
The concerns follow an August report by the International Monetary Fund (IMF), which indicated that the Bank of Ghana’s Domestic Gold Purchase Programme, implemented through GoldBod, recorded losses of more than $1.
The Minority in Parliament has challenged the Ghana Gold Board (GoldBod) to account for losses associated with its gold trading operations.
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