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SHOULD WE SUPPORT A GOVERNOR WHO HAS DESTROYED LIVELIHOODS? – Ato Forson Asks Ofori-Atta

Minority Leader Cassiel Ato Forson has responded to a recent article by Finance Minister Ken Ofori-Atta, in which the minister called for support rather than criticism of the Bank of Ghana (BoG) governor.

Ato Forson raised questions about Governor Ernest Addison’s actions, which he believes may have contributed to the government’s role in causing economic challenges, including breaching BoG laws.

“Should the people of Ghana support a central bank governor who has aided the government to destroy their livelihoods?” his post on Twitter dated September 17 read in part.

It continued: “I plan to deliver a strong response to the Finance Minister’s article on Monday morning!”

The central bank has come under stern critique especially from opposition voices who have called for the governor and his two deputies to resign after BoG reported huge losses in its 2022 annual report.

The Minority in Parliament and other pressure groups have since planned a protest dubbed #OccupyBoG to drive home their demand.

In the midst of the losses, the issue of the bank’s ongoing construction of a new head office alleged to be costing tax payers US$250m has also added to the pressure on the bank.

In defense, Ofori-Atta wrote an article this week defending the bank on all ‘charges,’ with one of the viral quotes from the article being about the new head office building.

With respect to the BoG’s new headquarters, the evidence is clear that the decision to build had already been made long before those ‘losses’ occurred,”Ofori-Atta stated.

 

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