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BoG’s $250m head office: We will join Minority’s demo – Arise-Ghana
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Pressure group, Arise Ghana has served notice it will join the Minority’s demonstration against the Bank of Ghana’s governor and his deputies.
According to the group, the decision was taken after a “painstaking study of the damning revelations contained in the 2022 report and financial statements of the Bank of Ghana.”
In a press statement issued on Monday, August 21, it also described the central bank’s decision to construct a new headquarters as irresponsible.
“Arise Ghana has followed keenly the recent public discourse on the dire state of the Bank of Ghana emanating from the 2022 Audit Report and Financial Statements of the bank.”
“After painstakingly studying the damning revelations contained in the 2022 Report and Financial Statements of the Bank of Ghana, we have come to the conclusion that the Central Bank is in the unprecedented mess it presently finds itself because of crass mismanagement by the Addison-led Board and management.”
The pressure group also lashed out at the BoG for allegedly printing GH¢77 billion for the government.
“We hold the view that the illegal printing of money by BoG in the year 2021 and 2022 to the tune of GHS77 billion to finance the recklessness of the corrupt Akufo-Addo/Bawumia/NPP government, in flagrant disregard of section 30 of the BOG Act (as amended) is the height of irresponsibility and must be condemned by all well-meaning Ghanaians.”
“Even more bizarre and condemnable, is the illegal writing of about GHS32 billion of this amount without recourse to Parliament in breach of section 53 of the Public Financial Management Act.”
“In fact, these irresponsible and criminal acts of the BoG Governor, ably supported by his deputies and useless Board of Directors, is what has plunged the once profitable BoG bank into unprecedented losses to the tune of GHS60.8 billion and a negative equity of GHS55.1 billion in 2022 alone.”
The Minority in Parliament on Tuesday, August 8, demanded the resignation of Dr Ernest Addison and his deputies, levelling grave allegations of gross financial mismanagement within the Bank of Ghana.
The NDC MPs claimed that Dr Addison must quit his post for supervising the ¢60 billion loss the Central Bank recorded for the year-ending 2022.
The Minority also alleged that the Bank of Ghana failed to report its activities to Parliament.
BoG in a statement attributed the losses to the government’s domestic debt restructuring activities and the depreciation of the cedi.
This position, the Majority Leader Osei-Kyei-Mensah-Bonsu has affirmed, stating that no wrongdoing has occurred.
However, the Minority have warned that should the trio fail to resign, they will organise a mammoth protest against them.
Source: Myjoyonline.com
A 24-year-old tricycle (Pragyia) rider, has been jailed three months by the Nkawie Circuit Court in the Atwima Nwabiagya South Municipality of the Ashanti Region for biting a Community Police Assistant (CPA) at Nkawie.
Abdul Aziz pleaded guilty to the charge of negligently causing harm and was convicted on his own plea.
Police Inspector Kwaku Frimpong, prosecuting told the court presided by Mr Robert Addo that, complainants in the case were officers from the Nkawie Divisional Motor Traffic and Transport Department (MTTD) of the Ghana Police Service.
He said on September 3, at about 8:40am, the complainants led by Chief Inspector Abedi Larbi, were on their official patrol duty to ensure safety at Nkawie township and met the convict, who was in-charge of a Pragya tricycle with registration number M-25-A-3722.
He explained that, after a careful inspection, it was detected that the convict was without licence and other required documents, so Alhassan Seidu, the CPA, was instructed to lead him to the office for the next action.
On their way to the office, the convict took a different direction, so the CPA directed him to take the right route to the police station, but he disobeyed and attacked the CPA, resulting in a struggle between them.
In the process the convict bit the CPA on the chest, so he shouted for help and some nearby youth rushed to the scene and helped him to arrest the convict.
In his caution statement, he admitted the offence and after further investigations he was charged and brought before the court. –GNA
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The New Patriotic Party (NPP) has urged the government to place all 54,985 candidates affected by the 2026 Basic Education Certificate Examination (BECE) placement exercise in schools and publish the final outcome.
The party says the government must ensure that the affected candidates secure actual school places rather than merely being allowed to access the self-placement portal.
In a statement signed by the Chairman of the NPP Policy Co-ordination Committee, Kojo Oppong Nkrumah, the party expressed concern about the situation facing the candidates.
The NPP said the government had announced that 53,887 of the affected candidates could use the self-placement system after initially being told that they had not qualified for secondary school.
It, however, argued that access to the portal did not guarantee that candidates would secure their preferred schools or programmes.
“Ghanaian parents and candidates will judge the resolution of the challenge by one thing only: how many of the original 54,985 are sitting in a classroom, not how many were allowed to open a website,” the statement noted.
The party said the government’s own figures showed that the country had 859,828 declared vacancies for 623,072 BECE candidates.
It explained that the main challenge was the concentration of demand in a small number of highly subscribed schools.
The NPP noted that 313,283 candidates selected Category A schools as their first choice, while those schools had 76,417 declared vacancies.
It therefore called on the government to explore ways to improve schools with available spaces, including providing teachers, laboratories and better programmes.
The party urged the government to use the 85 private schools participating in the Free SHS programme to absorb candidates who remained without placements.
The NPP further called for clarification of the rule and pass mark used for this year’s placement exercise, saying parents were entitled to know the standard before their children sat the examination.
It urged the government to take urgent action to ensure that the affected candidates were not left behind in the transition to secondary education.
By: Jacob Aggrey
