The current Bank of Ghana (BoG) administration is a crime scene, according to the Minority Caucus in Parliament.
Speaking at a public forum before their #OccupyBoG demonstration at the University of Professional Studies, Accra (UPSA), the Minority expressed dissatisfaction with the Central Bank’s extensive lending to the government over the past year.
Mahama Ayariga, Member of Parliament for Bawku Central, noted that despite fiscal challenges in 2016, which was also an election year, former President John Dramani Mahama did not need to borrow from the central bank.
However, the current management of the Central Bank, in their view, has engaged in financial malpractice, effectively transforming the Bank into a crime scene.
The planned protest, set for September 5, 2023, aims to voice the Minority’s dissatisfaction with the Governor of the BoG and his deputies, whom they accuse of mismanaging the apex bank. They are calling for their resignation.
Despite an injunction against the protest and police suggestions for alternative routes, the Minority Caucus has rejected these measures and remains committed to proceeding with their demonstration.