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Smuggled Gold Saga: The Gold belongs to the Bank of Ghana-Nana Akwasi Awuah

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Smuggled Gold Saga: The Gold belongs to the Bank of Ghana-Nana Akwasi Awuah

Smuggled Gold Saga: The Gold belongs to the Bank of Ghana-Nana Akwasi Awuah

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Managing Director of Precious Minerals Marketing Company (PMMC), Nana Akwasi Awuah says the assaying of Gold on Tuesday is part of the Bank of Ghana’s ongoing Domestic Gold Purchase Program (DGPP).

According to him, as part of the agreement with the Domestic Gold Purchase Program, the Bank of Ghana would purchase Gold with the country’s currency from the Small Scale Miners to build the country’s reserve.

‘’Since Kwame Nkrumah’s era till date, Ghana’s Gold reserve has reached only 8.7 tons.’’

He mentioned that, PMMC facilitates the purchasing of Gold from the Small Scale miners.

He reiterated that, the allegations by Mr. Yammin were completely false and that the bullion bars belonged to the Bank of Ghana.

“The Gold belongs to Bank of Ghana”.

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