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Police Approve Minority’s Second Demo Against BoG Governor

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The Ghana Police Service has approved the Minority caucus in Parliament’s second protest, set for July 30, demanding the removal of the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, and his two deputies from office.

The approval follows fruitful engagements between the police and the Bawku Central MP, Mahama Ayariga.

The Ghana Police Service (GPS) has assured the minority caucus in Parliament, of its unwavering cooperation and dedication to upholding law and order during the caucus’ planned public demonstration against the Governors of the Bank of Ghana (BoG).

the police asked the organizers to ensure that the protest does not breach public peace.

“The route of your protest shall be from Obra Spot-Adabraka Farisco-Ridge Roundabout National Theatre Traffic Light-High Court Complex, then branch to Atta Mills Highway and terminate at the Kwame Nkrumah Museum.”

The GPS stated that the minority would choose 10 protestors who would present the petition to the authorities.

In a letter dated Wednesday, July 17, released by the Ghana Police Service, the organisers were tasked with taking the necessary measures to prevent any breach of peace and to ensure that protestors behaved peacefully before, during, and after the protest.

The GPS reaffirmed to the minority its “continuous cooperation and commitment to maintain law and order for the intended public protest within the mandate of the Ghana Police Service.”

 

 

The NDC MPs argue that the governor, who they claim oversaw significant mismanagement at the Central Bank, should be replaced with a more competent individual.

On October 3, 2023, members of the caucus organised a protest calling for the resignation of the governor and his deputies after the Bank recorded a GH¢60.81 billion loss in the 2022 fiscal year and allocated over $250 million for constructing a new headquarters.

The protesters gathered at the Obra Spot at Kwame Nkrumah Circle and marched through several key locations, including Adabraka, Ridge Roundabout, and the High Court Complex Traffic Light, before ending at Independence Square.

Although leadership intended to present a petition to the governor, he did not meet them personally and sent his head of security instead.

The initial protest was deemed unsuccessful, prompting the Minority caucus to start planning a new protest date, which took nearly a year to finalise.

During this period, Bawku Central MP, Mahama Ayariga filed a Right to Information Act (RTI) request to the BoG, seeking detailed information on the combined losses of approximately GH¢70 billion reported in BoG’s financial statements for 2022 and 2023, as well as the over GH¢250 million spent on the new head office and a clinic under construction.

The central bank stated that this information was available to the public.

 

 

 

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