Bright Simons, Vice President of IMANI Africa, has called for greater scrutiny of the Ghana Gold Board (GoldBod), saying the institution should be held to the same standards of efficiency as other public sector organisations.
Speaking on News File on Saturday, January 3, Simons noted that losses at the Cocoa Board over the past four years, while monitored closely, are significantly lower than some of the concerns being raised about GoldBod.
“If we are willing to track the efficiency of COCOBOD’s resources, we cannot be restrained from tracking the efficiency with which GoldBod is currently operating. It is the same logic,” he said.
He added that anyone who argues otherwise does not understand the issue. Simons emphasised that while Cocoa Board is a policy institution focused on promoting the cocoa sector, it is still held accountable for losses, highlighting the need for similar oversight at GoldBod.
“Anybody who tells you otherwise doesn’t know what he is talking about. Cocoa Board is a policy institution. Its primary goal is to promote the cocoa sector, but we are very sensitive to losses there.”
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