Ghana's Embassy in Burkina Faso face investigation over $600,000 fence wall

Ghana's Embassy in Burkina Faso will soon be investigated for allegedly expending $656,248.48 on the construction of a fence wall.

Bank of Ghana Deputy Governor, Millison Narh described the amount as outrageous and requires thorough probing.

The revelation was contained in BoG's 2013 foreign exchange receipt payment presented to the Public Accounts Committee of Parliament.

Mr Narh could not justify the expenditure on the fence wall but indicated the matter would be delved into and answers provided the Committee.

In a separate development, he appealed to the Committee to call to order, media houses, which reported that an amount of $600 million was missing from the country's foreign reserves accounts.

According to him, such reports are denting the country's image on the international market.

“We just returned from the road show and if you listen to questions that outsiders asked us; you can see that because our economy is now open to external market they are monitoring everything that we say in this country.

“Everything that is reported is picked up by the international press. So I think we have to be very careful with the reportage in order to preserve the image and integrity of this country because we are being monitored; we are now at a higher pedestal and once you get to a certain stage, the international market will be monitoring everything that happens in your economy.”

He added it was about time the media considered the implication of information they disseminate because some sensitive market information could harm the country.