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NewsMahama Ayariga demands answers from BoG on gov't write-offs and financial losses

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Mahama Ayariga demands answers from BoG on gov’t write-offs and financial losses

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The Member of Parliament for Bawku Central, Mahama Ayariga, has taken action by demanding specific information from the Bank of Ghana (BoG) under the Right to Information (RTI) Act.

Upon the directive of Minority Leader Dr. Cassiel Ato Forson, Mr Ayariga has formally requested detailed particulars, including the status of write-offs concerning the government’s indebtedness to the Bank of Ghana.

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In addition to this, the former Information Minister seeks explanations for the combined losses of approximately GHS 70 billion as reported in the Bank of Ghana’s financial statements for 2022 and 2023.

Mr Ayariga has also raised concerns about the escalating costs related to the controversial head office building and has requested an update on the expenses.

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He has urged the Bank of Ghana to respond to his demands within the seven-day period stipulated by the RTI Act.

“Detailed particulars of the status of the write-offs made in respect of Government’s indebtedness to BoG.”

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“Reasons for the combined losses of circa GHS70 billion as stated in the BoG’s financial statements for 2022 and 2023,” an excerpt of his request stated.

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