The opposition National Democratic Congress (NDC) and its parliamentary group are directing strong criticism towards Dr. Ernest Addison, the Governor of the Bank of Ghana, following a recent report that outlines significant losses incurred by the Central Bank in the year 2022.
The financial statement of the Bank for the preceding year reveals losses exceeding 60 billion cedis, which the Minority and the NDC attribute to the governor’s lack of competence.
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During a press conference, Dr. Cassiel Ato Forson, the Minority Leader, declared that unless the Bank of Ghana governor and his deputies step down from their positions, they will rally concerned citizens to occupy the Central Bank.
“In this regard, we call for the resignation of the Governor of the Central Bank and his deputies within 21 days from today. We are resolved to embark on popular action to occupy the Central Bank and drive out the team of inept, callous and criminal mismanagers of the finances of this country and save the Bank of Ghana. The March to Ensure Accountability will begin in 21 days if the Governor of the Bank of Ghana does not do the needful and pack bag and baggage out of that sacred institution that he has so desecrated. Dr Ernest Addisson Must Go! There has to be an end to impunity and it is NOW!”
“This means the recklessness and mismanagement of the Governor of the Bank of Ghana has cost the nation twice what we are struggling and sacrificing to receive from the IMF amid major conditionalities”.
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During a press conference, Dr. Cassiel Ato Forson, the Minority Leader, declared that unless the Bank of Ghana governor and his deputies step down from their positions, they will rally concerned citizens to occupy the Central Bank.
“The NDC is on record to have informed Ghanaians on countless occasions that the Bank of Ghana has been on a dangerous trajectory, and indeed, it has now become a crime scene with dire consequences for all of us. Beyond the mismanagement of the economy and our finances, the spectacular recklessness and ineptitude of the Governor and his team has called into question the wisdom of leaving him at the helm of affairs of the Central Bank”.
According to the NDC, the Bank of Ghana has turned into a scene of misconduct, with its leadership following a perilous path.
Furthermore, the NDC accused the Bank of Ghana of expending GHS97.4 million on foreign trips.
“Similarly, foreign and domestic travels of the Bank of Ghana cost the Ghanaian tax payer a staggering
GHS97.4 million, which is about 246% increase over the previous year.”
