Ghana: GH¢90 Billion Royalty Cash Missing from Bank of Ghana Vaults

Kumasi — THE PAYMENT of mineral royalties by the government to beneficiary district assemblies and traditional councils in the country has stalled for close to one year now, for lack of funds.

Even though it is supposed to be paid quarterly, payment has accumulated since August last year, against the fact that mining companies pay royalties to the Minerals Commission on a monthly basis.

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