BoG’s US$504,000 For Gold Watches Wasteful – Banker

The former Managing Director and Chief Executive Officer of Amalgamated Bank Limited, (now Bank of Africa) Mr. Menson Torkornoo has slammed the Bank of Ghana for its decision to purchase 72 gold watches for some retiring staff. BoG on Wednesday confirmed a Starrfmonline.com exposé that it was spending a whopping €450,000 – an equivalent of … Read more

BoG Blows GhC2m On Gold Watches For Staff

The Bank of Ghana is spending a whopping €450,000 – an equivalent of Gh¢2 million – on gold watches for retiring staff. According to BoG documents in possession of Starrfmonline.com, 72 staff who have served for 30 years and beyond are benefiting from the entitlement. The watches which are being bought from Messrs A Swiss … Read more