Minority to stage another #OccupyBoGProtest on July 30

The Minority caucus in Parliament has hinted at plans to stage a second protest demanding the removal of the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, and his two deputies from office. 

The new protest is scheduled for July 30 to hold the BoG leadership accountable and push for a leadership change.

Bawku Central Member of Parliament Mahama Ayariga filed a Right to Information Act (RTI) request to the BoG.

He sought detailed information on the combined losses of approximately GH¢70 billion reported in BoG’s financial statements for 2022 and 2023, as well as the over GH¢250 million spent on the new head office and a clinic under construction.

Sources indicate that Mr Ayariga will lead the upcoming protest after notifying the police and meeting the requirements of the Public Order Act.

The caucus remains adamant that replacing the current BoG Governor and his deputies is crucial for restoring competence and integrity to the central bank.

They are mobilising support for their cause, emphasising the importance of transparency and accountability in managing the nation’s financial institutions.

On October 3, 2023, caucus members organised a protest to call for the resignation of the governor and deputies 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.

Although the protest leaders intended to present a petition, the governor did not meet them personally and sent his head of security instead.

The initial protest was deemed unsuccessful, prompting the Minority caucus to start planning a new protest date, which took nearly a year to finalise.

The protesters gathered at the Obra Spot at Kwame Nkrumah Circle and marched through several key locations, including Adabraka, Ridge Roundabout, and the High Court Complex Traffic Light, before ending at Independence Square.

Source:theghanareport.com