Ghana news briefing
GoldBod rejects Gideon Boako’s GHS1bn overdraft claim, demands retraction

Dr Gideon Boako has claimed that the Ghana Gold Board (GoldBod) owes the Bank of Ghana (BoG) about GH¢1 billion in overdraft, arguing that the outstanding liability should be considered when assessing the institution’s reported financial performance.“For the records, the GoldBod has never at any time since its establishment taken a loan, overdraft or any debt instrument from the Bank of Ghana or any financial institution whatsoever,” the statement said.
In a statement signed by its Media Relations Officer, Prince Kwame Minkah, GoldBod said it has never taken a loan, overdraft or any debt instrument from the Bank of Ghana or any financial institution since its establishment.
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