Ghana’s Embassy in Burkina Faso will
soon be investigated for allegedly
expending $656,248.48 on the
construction of a fence wall.
Bank of Ghana Deputy Governor,
Millison Narh described the amount
as outrageous and requires thorough
probing.
The revelation was contained in
BoG’s 2013 foreign exchange receipt
payment presented to the Public
Accounts Committee of Parliament.
Mr Narh could not justify the
expenditure on the fence wall but
indicated the matter would be delved
into and answers provided the
Committee.
In a separate development, he
appealed to the Committee to call to
order, media houses, which reported
that an amount of $600 million was
missing from the country’s foreign
reserves accounts.
According to him, such reports are
denting the country’s image on the
international market.
“We just returned from the road show
and if you listen to questions that
outsiders asked us; you can see that
because our economy is now open to
external market they are monitoring
everything that we say in this
country.
“Everything that is reported is picked
up by the international press. So I
think we have to be very careful with
the reportage in order to preserve the
image and integrity of this country
because we are being monitored; we
are now at a higher pedestal and
once you get to a certain stage, the
international market will be
monitoring everything that happens
in your economy.”
He added it was about time the media
considered the implication of
information they disseminate because
some sensitive market information
could harm the country.
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