The NDC calls for the resignation of the Governor of BoG, Dr Ernest Addison and his deputies
The opposition National Democratic Congress (NDC) is demanding the resignation of Bank of Ghana (BoG) Governor, Dr. Ernest Addison, and his deputies.
The party has issued a warning that it will mobilize to the Bank of Ghana’s premises to remove Dr. Addison and his deputies from their positions if they do not step down within 21 days.
During a press conference held as part of the NDC’s Moment of Truth series on Tuesday, August 8, 2023, Minority Leader Ato Forson accused Dr. Addison of mismanaging the Bank of Ghana, which led to an IMF bailout.
Ato Forson stated, “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!”
The NDC highlighted that the Bank of Ghana recorded a significant loss of GH¢60.8 billion in the 2022 fiscal year, asserting that the recklessness and mismanagement of the central bank has cost the nation even more than what is being sought from the IMF, despite the associated conditionalities.
The party further expressed concern over the financial practices of the BoG, accusing it of spending GHS97.4 million on foreign travels.
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,” the NDC stated.
The NDC characterized the Bank of Ghana as a crime scene due to the alleged mismanagement and reckless practices, asserting that the leadership’s actions are undermining the nation’s financial stability.
Source – citinewsroom.com
