Why the Minority is staging another demo against BoG governor

The Minority in Parliament is preparing for another demonstration against the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, following an unsuccessful attempt to present their petition during the first protest.

The protest, scheduled for July 30, will be led by Bawku Central MP, Mahama Ayariga, who has obtained the necessary authorization and clearance from the police.

Mahama Ayariga is expected to spearhead the upcoming demonstration, rallying supporters and calling for transparency and accountability from the central bank.

At the heart of the protest are concerns over monetary policies, inflation, and the overall management of the country’s financial system.

The Minority contends that these issues have not been adequately addressed, warranting another round of demonstrations to press their demands.

Mahama Ayariga has been on a longstanding crusade to hold the BoG governor accountable.

His efforts include a series of demands and petitions to the Office of the Special Prosecutor (OSP) and other relevant state bodies regarding the bank’s debts, the construction of the new head office complex, and the governor’s multi-million-dollar residence, among other issues.

“As we speak today, we are reliably informed that this head office building is being constructed for about 250 million dollars. The last time we cited the procurement document, the price had moved to about 222 million dollars, and so I wrote to the Governor to update us on the current cost of the head office building, he has been very reluctant to provide the information we have requested,” Ayariga stated.

He further disclosed he had received an invitation from the police regarding the demonstration.

“I have received an invitation from the police for a meeting at 2:00 this afternoon. That is why I have invited you to know the ongoing processes to get us back on the streets to protest against the Bank of Ghana Governor and demand the removal of his deputies and the Board to have a change in the leadership of the Central Bank so that we can have a change in the direction of the management of the finances of this country.”



NAY/AE