Police approves Minority's second protest against BoG governor and deputies

The Ghana Police Service has granted approval for the Minority caucus in Parliament to hold a second protest on July 30, demanding the removal of Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), along with his two deputies.

This approval comes after successful discussions between the police and Bawku Central MP, Mahama Ayariga.

In a letter dated July 17, the police instructed the organizers to ensure that the demonstration remains peaceful and does not disrupt public order.

The National Democratic Congress (NDC) MPs argue that Dr. Addison, whom they accuse of significant mismanagement at the Central Bank, should be replaced with a more competent individual.

Previously, on October 3, 2023, the Minority caucus held a protest calling for the resignation of the governor and his deputies.

This protest followed the Bank of Ghana's report of a GH¢60.81 billion loss for the 2022 fiscal year and the allocation of over $250 million for constructing a new headquarters.

The protesters began at the Obra Spot at Kwame Nkrumah Circle and marched through key locations such as Adabraka, Ridge Roundabout, and the High Court Complex Traffic Light, culminating at Independence Square.

Despite their intention to present a petition to the governor, he did not meet them personally, delegating his head of security instead.

The initial protest was considered unsuccessful, leading the Minority caucus to plan a new demonstration date, which took almost a year to finalize.

During this period, MP Mahama Ayariga filed a Right to Information (RTI) request to the BoG, seeking detailed information on the combined losses of approximately GH¢70 billion reported in the Bank's financial statements for 2022 and 2023, as well as the over GH¢250 million spent on the new headquarters and an under-construction clinic.

The central bank responded that this information was already available to the public.

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