Ghanaian Minority Demands Answers on GoldBod's $1.7 Billion Loss

Ghana's parliamentary Minority is demanding accountability from GoldBod and the Bank of Ghana regarding a reported $1.7 billion loss, with some members accusing the Majority of shifting the debate from facts to personal attacks. Concerns have been raised that these losses could necessitate taxpayer-funded recapitalization of the central bank.

20 Aug, 05:52 — 20 Aug, 05:52

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myjoyonlineMixed12d ago

DGPP losses could leave taxpayers to recapitalise BoG – Prof Bokpin

Economist and University of Ghana Professor, Godfred Bokpin, has cautioned that the financial losses recorded under the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme (DGPP) could eventually require taxpayers to bear the cost of recapitalising the central bank.

By Ernest Arhinful

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Ghanaian Minority Demands Answers on GoldBod's $1.7 Billion Loss

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DGPP losses could leave taxpayers to recapitalise BoG – Prof Bokpin

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