According to information provided to the police by the minority in parliament, the petition should be delivered to Dr. Ernest Addison, governor of the Bank of Ghana personally.
As a result of his incompetence and poor management of the central bank, the NDC MPs claim they want the besieged Governor to feel their displeasure and rage.
Mahama Ayariga, a representative for Bawku Central, alleges.
During their discussion with the police, the former Minister of Information revealed this information to the media.
In order to get their message over to him before the planned demonstration day, they have urged the police to do so.
“When we met with the police, one of the main points of our demand was that we wanted the governor to personally accept our petition. As a result, we must march to the Central Bank building itself so that he can come down and do so.
We persisted on that stance, so I think the police will inform him of our requests and that he will be willing to comply.
The protest is slated on Tuesday, September 5. It is in response to their demand that the governor and his appointees quit for the losses the central bank incurred in 2022.
According to them, their demonstrations are based on the central bank’s illegal printing of over GH¢80 billion to the Akufo-Addo government.
“We write in line with sections,1 2&3 of the Public Order Act 1994 (Act 491), to notify you of an impending public protest to be embarked upon by the Minority in Parliament in collaboration with Civil Society Organizations, Progressive Forces and other well-meaning Ghanaians.”
“The purpose of this protest is to express our revulsion against the illegal printing of money (about GH¢ 80 billion) between 2021 and 2022 by BoG for the corrupt Akufo-Addo/Bawumia/NPP government which led to a hyper-inflation rate of 54.1% in December 2022,” excerpts of the letter said.
According to them, this conduct by the BoG has pushed some 850,000 Ghanaians into poverty.
“This singular act of BOG has negatively impacted livelihoods and businesses and pushed about 850,000 Ghanaians into poverty in the year 2022 alone.”
“As representatives of the Ghanaian people, the Minority in Parliament is totally disgusted by the crass mismanagement and reckless mishandling of the affairs of the Bank of Ghana, which resulted in a gargantuan loss of GH¢60.8 billion and a negative equity of GH¢5.1 billion in 2022, with its attendant hardships on Ghanaians,” the statement added.
Meanwhile, the Governor of the Bank of Ghana (BoG), Dr Ernest Addison has explained that the central bank did not provide funding for the government until 2020 and 2022 during the COVID-19 pandemic and after investors in the capital market declined from lending to the government.
According to him, the central bank strictly adhered to the zero financing of government expenditure until the economic difficulties set in last year.
But the NDC MPs will have no none of his excuses.
