The Ghana Gold Board (GoldBod) has issued a strongly-worded statement refuting allegations made by Asaaseradio that the organization incurred losses exceeding GHC3 billion in its inaugural year of operations.
The statutory corporation describes the publication as “entirely false and deliberately contrived to undermine the successes and significant contribution of the GoldBod to the revitalization of Ghana’s economy.”
In a press release signed by the Media Relations Unit, GoldBod asserts that contrary to the claims, it has been generating significant surpluses and profits since its establishment.
The Board emphasizes that its quarterly financial statements, which will soon be published on its official website, will substantiate its claims of financial health and success.
“The GoldBod wishes to put on record that the publication under reference is entirely false and deliberately contrived to undermine the successes and significant contribution of the GoldBod to the revitalization of Ghana’s economy,” the statement read. GoldBod urges the general public to treat the Asaaseradio report with “utmost contempt” and has called upon the management of the media outlet to retract the statement and issue an unqualified apology to the public for disseminating what it deems “misleading and unethical publication.”
The Ghana Gold Board’s denial underscores its commitment to transparency and accountability, with the organization pledging to make its financial records available for public scrutiny. The controversy highlights the importance of fact-checking and responsible journalism in Ghana’s media landscape.
GoldBod, which plays a pivotal role in Ghana’s gold sector, has been working towards enhancing the country’s position in the global gold market. The organization now awaits the publication of its financial statements, which it believes will vindicate its stance and demonstrate its positive impact on Ghana’s economic landscape.
As the situation develops, stakeholders and the public alike will be watching closely for the release of GoldBod’s financial reports and any further developments stemming from this dispute with Asaaseradio.
Source:Ayisah Foster/The Punch Newspaper
