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Stop $250 million BoG HQ project – Dormaahene Tells Akufo-Addo

Source The Ghana Report

The Dormaahene, Osagyefo Oseadeeyo Agyemang Badu II, has entreated President Nana Akufo-Addo to intervene and halt the Bank of Ghana’s (BoG) proposed construction of a new headquarters building.

The $250 million project has been met with stiff opposition from the Minority in Parliament, who have said they will picket at the premises of the central bank.

Expressing his view, the Dormaahene emphasised that the decision to proceed with the new headquarters construction is ill-timed, particularly given Ghana’s economic circumstances.

He made these remarks during a visit to his palace in Dormaa, located in Dormaa in the Bono Region.

The occasion involved a courtesy call by a delegation.

“We heard that the BoG is building a new headquarters at a cost of 250 million dollars. That is about a quarter of the money we are seeking from the IMF. We want the President to intervene. He should meet with them and rescind that decision and communicate the same to us,” He said.

Meanwhile, it is over a week since the National Democratic Congress (NDC) hinted at moves to get the Bank of Ghana Governor and his two deputies removed over mismanagement of the country’s resources, including the building of the new head office, which they described as badly timed.

They made this known at the “Moment Of Truth” series, where they called for Dr Ernest Addison’s head and that of his two deputies.

 

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