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” against the Board.
“For the records, the GoldBod 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 whatsoever,” the statement said.
GoldBod says the claim attributed to Dr. Boako is “contrived and should be treated with utmost contempt.”
The Board has called on the MP to “unequivocally retract and apologize for putting out this falsehood.”
By Edem Mensah-Tsotorme