HomeBusinessBoG debunks reports of planned sale of $260 million headquarters

BoG debunks reports of planned sale of $260 million headquarters

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The Bank of Ghana (BoG) has firmly denied reports suggesting that it is considering the sale of its newly constructed headquarters, describing the claims as false and misleading.

In a press release issued on June 2, 2026, the central bank responded to a publication by MyJoy Online dated June 1, 2026, which alleged that the Bank was contemplating the sale of its new $260 million headquarters based on information from unnamed sources.

The Bank categorically rejected the report, stressing that there are no discussions, considerations, or plans underway to sell the facility.

“The Bank of Ghana categorically states that this report is false and misleading.

The Bank is not considering, discussing, or planning the sale of its new headquarters,” the statement said.

According to the Bank, the new headquarters was commissioned to support its operational needs and improve efficiency in carrying out its statutory responsibilities as Ghana’s central bank.

It emphasized that the facility remains a critical asset and an integral part of its long-term institutional infrastructure.

BoG further urged the public, stakeholders, and the media to disregard the publication, warning that unverified reports about the country’s central financial institution could negatively affect public confidence and create uncertainty within the financial sector.

“Unverified reports of this nature have the potential to undermine public confidence in Ghana’s financial system and create unnecessary market uncertainty,” the Bank noted.

The central bank also reaffirmed its commitment to transparency and effective stakeholder engagement, stating that all official communications are disseminated through its authorized channels.

These include its official website, verified social media platforms, press releases issued by its Communications Department, and signed statements from the Secretary of the Bank.

The Bank encouraged media organizations to seek clarification directly from its officials before publishing information relating to its operations, particularly on matters that could have significant implications for the financial sector.

The statement was issued by the Communications Department of the Bank of Ghana and concluded with a call for responsible journalism and accurate reporting on issues affecting the nation’s economy and financial stability.

The latest clarification comes amid ongoing public discussions surrounding the construction and cost of the Bank’s new headquarters, which has been the subject of scrutiny and political debate in recent years.

However, the Bank maintains that the facility remains an essential asset for its operations and that reports suggesting otherwise are unfounded.

By 1960news.com

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