The Minority in Parliament has issued a stern warning of an upcoming protest against the Governor of the Bank of Ghana, Dr. Ernest Addison, citing lack of respect, cooperation, and concerns over the financial stewardship under his leadership for the past seven and a half years.
In a heated statement by the National Democratic Congress (NDC) parliamentarians, they highlight their previous demands for the resignation of the governor, his deputies, and the board through the impactful #OccupyBoG demonstration.
Despite their efforts, Dr. Addison allegedly failed to provide satisfactory responses to their inquiries and concerns, which have intensified calls for his removal.
Leading the charge once again, Bawku Central Member of Parliament, Mahama Ayariha, emphasized the dire need for change in the governance of the Central Bank.
Expressing disappointment in the Governor’s alleged mishandling of the institution, Ayariha declared the impending protest as a necessary step to address unresolved issues.
Asserting their dissatisfaction with the Governor’s management, Ayariha criticized the reported extravagant spending on a new residence and the lack of transparency in sharing pertinent information with the parliamentarians.
The Minority MPs accused the Governor and his team of mismanagement, citing concerns over the economy’s key indicators such as inflation, monetary policy, exchange rates, and the financial sector’s instability.
They argued that the current leadership is incompetent and must be held accountable for the damages inflicted on the Central Bank.
Promising further details and the official date of the demonstration, Ayariha assured the media of their commitment to taking to the streets to voice their demands for change.
Recalling last year’s #OccupyBoG demonstration where the Minority and like-minded groups protested, the MPs expressed frustration over the lack of access and engagement with the Governor and his team.
The unresolved tensions continued to escalate with Dr. Addison allegedly labeling the protestors as “hooligans,” escalating the conflict further.
The Minority’s ongoing standoff with the Governor had even threatened their participation in crucial parliamentary events, using their concerns as leverage in negotiations.
Amidst these tensions, former President John Dramani Mahama intervened to prevent a further escalation of the conflict during a previous state event.
As the political climate intensifies and the demands for change grow louder, all eyes are on the impending #OccupyBoG protest to see if the Minority will succeed in their quest for a leadership change at the Bank of Ghana.