GoldBod Rejects GH¢1 Billion Overdraft Claim as “False and Malicious”

Ghana's GoldBod Buyers Face Funding Delays

Licensed gold buyers supplying Ghana’s state gold agency face severe payment delays of up to three weeks, forcing some to suspend purchases or secure loans. Sources attribute the funding gap to the Bank of Ghana withdrawing direct financing for GoldBod’s artisanal gold purchases following International Monetary Fund recommendations. GoldBod raised nearly $839 million from commercial banks and gold offtakers between March and May, but a recent $7…

'We have never taken GHS1 billion overdraft from BoG' – GoldBod denies claim by Dr Gideon Boako

The Ghana Gold Board (GoldBod) has denied claims that it owes the Bank of Ghana (BoG) an unpaid overdraft of GHS1 billion. The denial follows a claim attributed to the Member of Parliament for Tano South, Dr Gideon Boako, regarding the financial obligations of the GoldBod.

GoldBod rejects GH¢1 billion overdraft allegation as false and malicious

The Ghana Gold Board (GoldBod) has rejected a claim that it owes the Bank of Ghana (BoG) an unpaid overdraft of GH¢1 billion, describing the allegation as “totally false” and part of what it calls a deliberate and malicious smear campaign against the institution. In a statement signed by its Media Relations Officer, Prince Kwame Minkah, GoldBod said it has never taken a loan, overdraft or any other debt instrument from the Bank of Ghana or any f…

GoldBod rejects GH¢1 Billion overdraft claim as “false and malicious”

The Ghana Gold Board (GoldBod) has rejected claims that it owes the Bank of Ghana an unpaid overdraft of GH¢1 billion. The allegation was made by the Member of Parliament for Tano South, Dr. Gideon Boako. In a statement, GoldBod described the claim as “totally false” and part of a “deliberate and malicious smear campaign” … The post GoldBod rejects GH¢1 Billion

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

The Ghana Gold Board (GoldBod) has rejected claims by Tano South MP Dr Gideon Boako that the institution owes the Bank of Ghana GH¢1 billion in unpaid overdraft.

GoldBod denies reports of owing the Bank of Ghana an Overdraft of Ghc 1 billion

GoldBod has denied owing the Bank of Ghana an unpaid overdraft of Ghc 1 billion. A statement from the outfit said these allegations are part of a deliberate and malicious smear campaign against GoldBod. The outfit said it 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. It therefore urged the public to disregard claims by the Member of Parliament fo…