The immediate past Minister of State for Finance, Abena Osei-Asare, has called on President John Mahama to order an investigation into the reported losses incurred by the Ghana Gold Board (GoldBod).

According to her, GH¢6 million of the reported $1.7 billion loss could have been used to recruit unemployed nurses.

“President Mahama, we are asking you to call for proper and further investigations into what is happening at GoldBod,” she said.

Ms Osei-Asare said she was relieved that the Bank of Ghana (BoG) would no longer be spending on GoldBod from July 1, 2026, as it previously did.

She also referred to President Mahama’s comments on state-owned enterprises (SOEs) where he cautioned that enterprises that were not making profits or thriving would either be closed down or merged.

“So, we want you to walk the talk. Look into GoldBod. Look into the losses that they have incurred so far, and see how best you can salvage the situation. We want you to walk the talk, and help save the little resources that we have,” she said.

She also criticised the government for introducing more than eight new taxes without achieving the expected revenue numbers.

“…if there's an opportunity to save some money and use it in other equally important places, we are all for it and we ask that you do same,” she said.