A Proposal Is A Statement Of Intent, BoG
The executive board of the nation’s central treasury, the Bank of Ghana (BoG), has issued a statement vehemently denying that it has initialed a contract with a Swiss watch manufacturer worth...
Tag: Public Procurement Authority
Rewarding BoG Staff With Gold Watches Not Wrong – Casley Hayford
Financial Analyst, Sydney Casley has strongly defended the Bank of Ghana’s decision to spend US$504,000 on gold watches to reward retiring staff. Some documents sighted in some media reports...
BoG Gold Watch Saga Is Part of Culture of Impunity Under Mahama – Atta Akyea
The weak leadership of President John Mahama is to blame for the excessive and extravagant use of state funds by public officials, Abuakwa South MP says. Samuel Atta Akyea portrays the governing...
BoG Hasn’t Signed Any Contract For Gold Watches
The Central Bank of Ghana has denied publications that the authorities have signed a contract with a Swiss company to supply it with gold watches to be given as ex gratia to some workers who are due...
Gold Watch Purchase Was Only A Proposal – BoG
The Central Bank of Ghana has insisted that it has not signed a contract with a Swiss company to supply it with gold watches to be given as ex gratia to some workers who are due for retirement. Onua...
Gold Watch-Purchase Was Only A Proposal – BoG
The Central Bank of Ghana has insisted that it has not signed a contract with a Swiss company to supply it with gold watches to be given as ex gratia to some workers who are due for retirement. Onua...
We Broke No Law In Procurement of Gold Watches
The Bank of Ghana (BoG) has reacted to media reports that it spent $504,000 on gold watches for its staff as end of service benefit. According to the media reports, the BoG spent $504,000 which is...
We Haven’t Paid For Gold Watches – BoG
The Bank of Ghana is yet to pay for the 72 Gold watches it intends purchasing for its retiring staff, sources at the bank have told StarrFMonline.com. The Central Bank is also yet to sign a contract...
GII Slams BoG Over US$504,000 Gold Watches
The Ghana Integrity Initiative (GII) has questioned the justification by the Bank of Ghana to sole source the procurement of gold watches for their retiring staff. GII is of the view that an open...
BoG Gold Watch Saga: Is That A Wise Desicion?
The immediate Chairman of the Public Accounts Committee and former Member of Parliament for Afigya-Sekyere West constituency in the Ashanti Region has questioned the decision by the authorities at...
BoG Gold Watches Not Tax Payers’ Money
A former Deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu Mantey has put up a stern defense of the Central Bank’s decision to spend a staggering GH?2million to purchase gold watches for...
BoG’s US$504,000 For Gold Watches Wasteful – Banker
The former Managing Director and Chief Executive Officer of Amalgamated Bank Limited, (now Bank of Africa) Mr. Menson Torkornoo has slammed the Bank of Ghana for its decision to purchase 72 gold...
BoG Staff Comfortable; Didn’t Need $504K Gold Watches – Afenyo Markins
The New Patriotic Party (NPP) Member of Parliament (MP) for Effutu Constituency says the decision by the Bank of Ghana to purchase gold watches for its workers is in bad taste. Alexander Afenyo...
Bank of Ghana Defends Expenditure On Gold Watches For Retiring Staff
The Bank of Ghana (BoG) has denied claims it engaged in frivolous spending following reports that it blew US$504,000 on gold watches explaining that the expenditure is part of its policy. The BoG in...
Bank of Ghana Justifies Why It Spent $504,000 On Gold Watches
The Bank of Ghana has attempted to justify why it spent an amount of $504,000 on Gold watches for some staff of the company as end of service benefits. According to the bank this was meant to show...
BoG Blows GhC2m On Gold Watches For Staff
The Bank of Ghana is spending a whopping €450,000 - an equivalent of Gh¢2 million - on gold watches for retiring staff. According to BoG documents in possession of Starrfmonline.com, 72 staff who...
Procurement of Made-In-Ghana Goods To Become Mandatory
The Ministry of Trade and Industry is considering enacting legislation that will make it mandatory for public institutions to procure made-in-Ghana goods and services. The move is to ensure that...