Former Finance Minister Dr. Mohammed Amin Adam says Ghana lost more money than previously reported. He stated the government failed to account for about $150 million in tax revenue.
This loss, according to Dr. Adam, occurred in 2025. It happened after a decision to remove a withholding tax on unprocessed gold.
Dr. Adam, who is also a member of the NPP Policy Coordinating Committee on Finance and Economy, stated the total gold loss is $1.9 billion.
He claimed this figure is different from the $1.7 billion previously mentioned.
The former minister made these allegations regarding the GoldBod Saga.
His statements highlight concerns about financial accountability within the government.
Further details on the specific accounting of these funds were not immediately available.
The government has not yet responded to these specific allegations.