Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has defended his actions in sharing details of a $20 million transfer from the Bank of Ghana (BoG) to the Central Bank of Liberia, insisting that he did not breach national security protocols.
Earlier, Mr. Ablakwa took to social media platform X to reveal that the Ghana Revenue Authority (GRA) had cleared an amount of $20 million intended for the Central Bank of Liberia.
He pointed out discrepancies between documents addressed to the GRA, which indicated that the money was sent to the Bank of Ghana for safekeeping before being transferred to Liberia, and records from Ghana’s central bank, which suggested a different narrative.
The Bank of Ghana responded with a statement, describing the legislator’s actions as “unfortunate” and expressing concerns that his disclosure could compromise sensitive financial information, raising significant security issues. The central bank clarified that the $20 million was transferred to its account as part of an established arrangement with the Central Bank of Liberia.
However, speaking on JoyFM’s Newsnight, Mr. Ablakwa dismissed these concerns, asserting that he had not breached any security protocols. He emphasized that his actions were part of his responsibilities as a legislator, aimed at holding public institutions accountable.
“It is part of our work as Members of Parliament to carry out oversight to let all institutions know that we are on top of our job. We are watching, we are keenly monitoring, and we are carrying out oversight,” Mr. Ablakwa said.
He explained that his intention in posting the issue on social media was simply to seek clarity on the matter, without any ulterior motives. Regarding the issue of posting flight details, which the BoG highlighted as a security concern, Ablakwa clarified that it was an oversight, as the details were included in the documents he shared. He also emphasized that he did not include any flight details in his write-up and that no flight information had been provided regarding the re-exportation of the funds.
“We are carrying out our mandate, it is pure oversight, and I do not see the national security breach in this matter,” he added.
Ablakwa also noted that the $20 million in question was secure and had not been stolen, questioning the basis of the national security concerns raised by the BoG. He highlighted the increasing incidents of money laundering as a justification for his scrutiny, asserting that he was merely fulfilling his role as an MP.
Meanwhile, Mr. Ablakwa expressed satisfaction with the explanations provided by the Bank of Ghana and the Liberian government regarding the transfer.