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Police approves minority demo against BoG on July 30

Source The Ghana Report

The Ghana Police Service has granted permission to the Minority Caucus in Parliament for their second protest, demanding the dismissal of the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, and his deputies.

The protest scheduled for July 30 was approved following constructive discussions between the parties.

In a letter addressed to Bawku Central MP Mahama Ayariga, dated Wednesday, July 17, the police emphasised the importance of maintaining public peace during the protest.

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The NDC MPs argue that the BoG Governor supervised significant mismanagement at the Central Bank and should be replaced with a more competent individual.

This follows an earlier protest on October 3, 2023, where the caucus called for the Governor’s and his deputies’ resignation after the bank recorded a GH¢60.81 billion loss in the 2022 fiscal year and allocated over $250 million for constructing a new headquarters.

The protesters intended to present a petition to the Governor during the initial protest, which started at the Obra Spot at the Kwame Nkrumah Circle and proceeded through Adabraka, Ridge Roundabout, and the High Court Complex Traffic Light before ending at Independence Square.

However, the Governor did not meet them personally.

Instead, he sent his head of security.

This perceived lack of response led the Minority Caucus to plan a new protest date, which took nearly a year to finalise.

Meanwhile, Mahama Ayariga has submitted a Right to Information Act (RTI) request to the BoG, seeking comprehensive details about the accumulated losses of around GH¢70 billion in the bank’s financial reports for 2022 and 2023.

He also requested information on the expenditures of over GH¢250 million for the new head office and an ongoing clinic construction project.

However, the central bank responded by stating that this information was already accessible to the public.

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