The Centre for Democratic Movement (CDM) has called on President John Dramani Mahama to revoke the appointment of Dr. Johnson Asiama as Acting Governor of the Bank of Ghana.
The movement’s request is based on unresolved allegations regarding Dr. Asiama’s involvement in Ghana’s financial sector crisis, raising concerns about transparency and accountability.
Dr. Asiama was among nine individuals charged following the collapse of UniBank and UT Bank.
He faced serious charges, including fraudulent breach of trust, money laundering, conspiracy to commit a crime, and violations of the Bank of Ghana Act.
These charges stemmed from the financial sector cleanup, which led to the revocation of licenses for several financial institutions.
The CDM argues that Dr. Asiama’s appointment, despite the withdrawal of legal charges by the Attorney General, Dominic Ayine raises ethical questions and may have political undertones.
The movement stresses that restoring public trust in Ghana’s financial system requires appointments based on merit and integrity.
The group warns that if the appointment is not revoked, it could undermine investor confidence and damage Ghana’s commitment to ethical governance.
The CDM has also indicated plans to petition the European Union Representative in Ghana, the International Monetary Fund, and the World Bank if their request is not addressed.
Background
Government in 2020, began the prosecution of Dr. Johnson Asiama, who was then the Second Deputy Governor of the Bank of Ghana, along with other accused persons on fraudulent breach of trust, money laundering, conspiracy to commit crime, and violations of the Bank of Ghana Act.
Dr. Asiama was charged with contravention of the Bank of Ghana Act for granting a facility of 300 million cedis to Universal Merchant Bank and for causing financial loss to the state in the sum of 150 million cedis.
Charge of financial loss
In reaction to this, Dr. Ayine said the state was not pursuing a charge of financial loss again since 300 million cedis have been recovered, leaving the 150 million cedis outstanding.
I did not see the need to pursue the case. The evidence adduced so far fell significantly short of what was required to convict the accused. I therefore find it interesting that the state pressed ahead with prosecution, which I consider as a total waste of time”, he said.
Dr. Ayine pointed out that charges against some other people have not been dropped.
“I have not yet dropped the charges against the remaining accused persons because I am currently in discussions with the receivers in order to understand the financial implications of any decision I may take in these cases,” he said.
431908 227540Youre so cool! I dont suppose Ive learn something like this before. So nice to search out any person with some distinctive thoughts on this subject. realy thank you for starting this up. this web website is one thing thats required on the net, someone with a bit of originality. helpful job for bringing something new to the internet! 686212