Minority engages police ahead of BoG protest

Source The Ghana Report

The minority in parliament says it has reached a consensus with the police on modalities ahead of its planned protest against the Bank of Ghana (BoG) Governor and his two deputies. 

The demonstration which is scheduled for Tuesday, September 5, follows their demand for the resignation of Dr. Ernest Addison, the Governor of the Bank of Ghana, and his deputies over alleged mismanagement.

Speaking to journalists after a closed-door meeting with the Greater Accra Regional Police Command, Deputy Minority Leader Emmanuel Armah Kofi Buah said all necessary arrangements have been agreed for a successful protest.

The protest is set to take place at the Bank of Ghana Head Office in Accra.

The Minority Leader, Dr Cassiel Ato Forson, in a letter addressed to the Greater Accra Regional Police Command and dated Monday, August 21, outlined the caucus’s concerns and reasons for the upcoming demonstration.

The demonstration will be conducted within the framework of sections 1, 2, and 3 of the Public Order Act 1994 (Act 491).

Per the letter, the primary focus of the protest is the central bank’s alleged printing of over GH¢80 billion for the Akufo-Addo government, which the Minority claims was illegal.

They highlighted that this action has contributed to a hyperinflation rate of 54.1% since December 2022, leading to severe economic challenges for Ghanaians.

Furthermore, the caucus indicated that the central bank’s actions have resulted in approximately 850,000 Ghanaians being pushed into poverty.

According to the Minority, these actions led to significant losses for the institution, including a loss of GH¢60.8 billion and negative equity of GH¢5.1 billion in 2022.

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