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The Auditor General has flagged the Controller and Accountant General, the Bank of Ghana, the Ghana Revenue Authority (GRA), and the Minerals Commission for failing to disclose the amount of tax collected from gold exports in 2023.
According to the Auditor General, an audit of nine gold mining companies revealed that these companies exported gold valued at GH₵53.1 billion in 2023.
However, there is no available data from the Bank of Ghana, GRA, the Controller, or the Minerals Commission to verify how much in royalties was collected from these exports.
The Controller and Accountant General, Kwasi Adjei, acknowledged that accounting for gold-related revenues is a developing issue but assured that the department is managing the funds received accordingly.
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