Ministry of Finance report confirms BOST made profits during Mahama’s era -Sammy Gyamfi

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The National Communications Officer for the second largest opposition party, the National Democratic Congress (NDC), Sammy Gyamfi Esq. has cleared the air on the fact-check made by JoyNews about John Mahama and BOST profits under his (JM’s) administration.

Taking to social media, the National Communications Officer, Sammy Gyamfi disclosed evidence from the Ministry of Finance’s 2017 State Ownership Report.

Sammy Gyamfi Esq. writes

JoyNews’ Fact-Check on John Mahama’s statement on BOST profits is wrong. The former President was right when he confidently stated that BOST generated profits during his tenure as President.

In support of his statement, I have attached a screenshot of page 45 of the 2017 “State Ownership Report”, which was published by the Ministry of Finance in 2018 under the Akufo-Addo/Bawumia/NPP government. This official document clearly shows that BOST made net profits of GHS88.09 million in 2016 and GHS109.36 million in 2015.

The subsequent manipulation of the books and financial records of BOST through dubious audit practices, is disgraceful and should be rejected by any discerning mind. Sadly, that appears to have informed JoyNews’ fact-check.