Bank of Ghana Attributes $1.7 Billion Gold Program Loss to Accounting Adjustments

The Independent Expert appointed to review the Bank of Ghana's Domestic Gold Purchase Programme stated that the reported financial loss is primarily a bookkeeping issue rather than a fundamental fiscal failure.

27 Aug, 15:48 — 27 Aug, 15:48

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myjoyonlineMixed4d ago

Domestic Gold Purchase Programme: ‘US$1.7bn loss is largely a book issue’ — IEA

A significant portion of the reported US$1.7 billion loss associated with the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme involving the Ghana Gold Board (GoldBod)

By David Apinga

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Bank of Ghana Attributes $1.7 Billion Gold Program Loss to Accounting Adjustments

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Domestic Gold Purchase Programme: ‘US$1.7bn loss is largely a book issue’ — IEA

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