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    You are at:Home»Politics»GoldBod rejects GH¢1 Billion overdraft claim as “false and malicious”
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    GoldBod rejects GH¢1 Billion overdraft claim as “false and malicious”

    Papa LincBy Papa LincAugust 24, 2026No Comments1 Min Read4 Views
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    GoldBod rejects GH¢1 Billion overdraft claim as “false and malicious”
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    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” 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



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