Minority Demands Gold Board Account for IMF-Identified Losses

The Minority in Ghana's Parliament has formally requested that the Ghana Gold Board, known as GoldBod, present itself before a Parliamentary Inquiry. This demand stems from significant financial losses identified in a recent International Monetary Fund (IMF) report.

The report specifically scrutinizes the Bank of Ghana’s Domestic Gold Purchase Programme (DGPP). The Minority faction insists that a thorough inquiry is essential to fully reconcile the discrepancies and account for the substantial losses that have come to light.

According to the Minority, the appearance of GoldBod officials is crucial for transparency and accountability. They believe this step is necessary to understand the full extent of the financial issues and to ensure that public funds are managed responsibly. The call underscores a growing concern over financial oversight within the country's gold sector.