Ghana's Central Bank Lost US$1.7 Billion Buying Gold, the IMF Says

Ghana's Central Bank Lost US$1.7 Billion Buying Gold, the IMF Says

The Minority Leader wants the off-takers named and the discounts published. GoldBod disputes the framing. The post Ghana’s Central Bank Lost US$1.7 Billion Buying Gold, the IMF Says appeared first on The Rio Times.

Bawumia backs my leadership and has urged Minority to press Mahama’s govt over $1.7bn GoldBod loss – Afenyo-Markin

Dr Mahamudu Bawumia expresses full confidence in Minority Leader Alexander Afenyo-Markin and urges the NPP caucus to hold the Mahama government accountable for the $1.7 billion loss under the Domestic Gold Purchase Programme, as confirmed by the IMF.

Domestic Gold Purchasing Programme losses exceed $1.7bn – Prof Bokpin

Economist and University of Ghana Business School lecturer, Prof. Godfred Alufar Bokpin, has said the losses associated with the Domestic Gold Purchasing Programme (DGPP) exceed the $1. 7 billion figure cited in recent discussions.

Minority seeks full reconciliation of IMF, GoldBod accounts

The Minority in Parliament has called on the Ghana Gold Board (GoldBod) to appear before a Parliamentary Inquiry to account fully for the losses identified in the International Monetary Fund (IMF) report on the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme (DGPP). It said the inquiry was necessary to reconcile the losses identified by the IMF with GoldBod’s own audited financial statements and settle the matter on the basis of facts. Th…