{"id":96348,"date":"2025-09-29T17:34:21","date_gmt":"2025-09-29T17:34:21","guid":{"rendered":"https:\/\/sotnews.agency\/?p=96348"},"modified":"2025-09-29T17:34:21","modified_gmt":"2025-09-29T17:34:21","slug":"no-evidence-of-leakages-in-gold-for-oil-programme-npp-rebuts-imani","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=96348","title":{"rendered":"No evidence of leakages in Gold-for-Oil programme \u2014 NPP rebuts IMANI"},"content":{"rendered":"
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The New Patriotic Party (NPP) has refuted allegations by IMANI Africa that Ghana\u2019s Gold-for-Oil (G4O) programme has suffered financial leakages to the tune of GH\u00a27.2 billion.<\/p>\n

In a statement issued by the party dated September 29, the claims were described as misleading and unsupported by verifiable financial records.<\/p>\n

\u201cNo evidence of diversion or leakage exists. The figure quoted by IMANI is a distortion of audited financial data,\u201d the statement indicated.<\/p>\n

According to the NPP, audited reports from the Bank of Ghana (BoG), the Bulk Oil Storage and Transportation Company (BOST), the National Petroleum Authority (NPA), and other statutory disclosures point to the transparency and accountability of the G4O programme.<\/p>\n

In presenting its facts, the party explained that BOST\u2019s 2024 Annual Report confirmed that sales under the programme totalled GH\u00a212.42 billion, covering 29 consignments of imported petroleum products.<\/p>\n

It added that all transactions were fully recorded, monitored by the Ghana Audit Service, and audited under International Financial Reporting Standards (IFRS).<\/p>\n

Additionally, it stated that as of December 2024, BOST depots held 27.1 million litres of fuel valued at GH\u00a2289.8 million, clearly reflected in inventory records.<\/p>\n

The NPP emphasised that these facts invalidate IMANI\u2019s assertions of unaccounted funds.<\/p>\n

According to them, the gold for oil programme reduced forex pressure, stabilised the cedi and maintained a consistent fuel supply.<\/p>\n<\/div>\n

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\"NoThe New Patriotic Party (NPP) has refuted allegations by IMANI Africa that Ghana\u2019s Gold-for-Oil (G4O) programme has suffered financial leakages to the tune of GH\u00a27.2 billion.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4716,328,1883,117,10,9],"tags":[],"class_list":["post-96348","post","type-post","status-publish","format-standard","hentry","category-gold-for-oil","category-imani","category-national","category-news","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/96348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96348"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/96348\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}