Prime News Ghana

Minority to protest against BoG Governor on September 5

By Vincent Ashitey
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The Minority in Parliament has set September 5, 2023, as the day to demonstrate against the Bank of Ghana (BoG) Governor, Dr Ernest Addison, and his deputies if they fail to resign by then.

A letter signed by the Minority Leader, Dr. Cassiel Ato Forson, revealed that said Civil Society Organisations and other groups will take part in the protest.

According to Ato Forson, the demonstration will be to register their displeasure over the illegal printing of money for Government to spend that has negatively Impacted lives of Ghanaians.

"the purpose of this protest is to express their revulsion against the illegal printing of money (about GHc80 billion) between 2021 and 2022 by Bank of Ghana(BoG) for the corrupt Akufo-Addo/Bawumia/NPP government which led to a hyper-inflation rate of 54.1% in December 2022.

He said this singular act of BoG has negatively impacted livelihoods and businesses and pushed about 850,000 Ghanaians into poverty in the year 2022 alone.

"As representatives of the Ghanaian people, the Minority in Parliament is totally disgusted by the crass mismanagement and reckless mishandling of the affairs of the Bank of Ghana, which resulted in a gargantuan loss of GHc60.8 billion and a negative equity of GHc55.1 billion in 2022, with its attendant hardships on Ghanaians.

"We are further protesting the many acts of financial malfeasance by the Governor, his Deputies and Directors of the Bank of Ghana as contained in the 2022 Annual Report and Financial Statement of the Bank.

The protest march is scheduled for Tuesday, 5th September, 2023 between the hours of 8:00 am and 6pm.

The Minority in Parliament will converge in front of Parliament, and then march through some principal streets in Accra including Osu cemetery Traffic light area, Makola-Rawlings Park, Opera Square and end at the Bank of Ghana.