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Ghanaians deserve at least two-thirds refund – Franklin Cudjoe on BoG’s losses
Founding President of IMANI-Africa Franklin Cudjoe says the Governor of the Bank of Ghana and his two deputies should not only be asked to resign but also forced to refund part of the monies lost as a result of mismanagement.
He believes this will be a good precedent for future officials of the Central Bank.
On Tuesday, August 8, Minority Leader Dr Cassiel Ato Baah Forson, who is a former Deputy Finance Minister, gave the Governor, Dr Ernest Yedu Addison, and the two Deputy Governors – Maxwell Opoku-Afari and Elsie Addo Awadzi – a 21-day ultimatum to resign.
He said failure to resign within the period will see members of the Minority Caucus marching to the head office of the Central Bank each day, dubbed Occupy Bank of Ghana, to demand his resignation.
Speaking on 3FM‘s Hot Edition on Tuesday, Mr Cudjoe additionally called for refunds from the complicit officials.
“We can meet them half-way,” he suggested, indicating that they cannot be asked to just leave office when such a “a lot of money” has been lost.
He said at least the officials should be made to reimburse two-thirds of the GH¢60.8 billion lost last year as captured in the 2022 Annual Report and Financial Statement of the Bank of Ghana.
“We should just go beyond these constitutional dress rehearsals, asking for information,” he indicated, stressing that GH¢60.8 billion is too huge to be made to go down the drains.
He noted how hell would have broken loose were such infractions recorded under John Dramani Mahama.
“Admittedly, it has become political now. If it had come under a John Mahama administration, hell would have broken loose.”
Also on the programme was the Dean of the Business School of the University of Cape Coast (UCC), Professor John Gatsi.
He backed the calls for sanctions but deferred to Parliament to initiate this.
“Even though there is no clear punishment prescribed in the Bank of Ghana Act, when it is discussed in Parliament, then Parliament will now [come out with the right sanctions].”
For him, it is wrong on the part of government to write off the debt of the Central Bank as that should have been at the instance of Parliament.
Source: 3news.com
The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.
The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.
He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.
The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.
According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.
He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.
Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.
Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.
By: Jacob Aggrey
Ghana Tourism Authority is leading Ghana’s participation at ITB Berlin, which opened in Berlin with a vibrant national pavilion highlighting Ghana’s rich cultural heritage, tourism destinations and investment opportunities.
March 5 has been designated as Ghana Day, a special platform to promote Ghana’s languages, cuisine, Kente, festivals and business prospects to the global tourism community. The stand has already drawn strong interest with traditional arts and crafts displays, immersive multimedia presentations and popular Ghanaian snacks.
Seven private-sector players are exhibiting alongside government officials as part of efforts to deepen trade partnerships, expand market access, and attract investment across the hospitality, heritage tourism, ecotourism, and creative arts sectors.
Ahead of the official opening, the Ghana delegation also engaged young Ghanaian investors in Germany in collaboration with V Afrika-Verein and the Ghana Embassy, strengthening diaspora investment linkages and highlighting opportunities within the tourism value chain.
Ghana’s coordinated presence at ITB Berlin 2026 reinforces its strategy to position the country as the Gateway to Africa and a competitive destination for leisure travel and global investment.
