Minority threatens to petition IMF over dropped charges against BoG Acting Governor

The Minority in Parliament has strongly criticised President John Dramani Mahama for allowing the discontinuation of criminal charges against Dr Johnson Asiamah, the acting Governor of the Bank of Ghana (BoG).
Addressing a press conference on Wednesday, February 5, the Minority, led by the Member of Parliament (MP) for Tano North, Dr Gideon Boako, insisted that the prosecution should be allowed to proceed despite Dr Asiamah’s appointment.
They argued that dropping the charges raises serious concerns about governance and accountability.
According to the Minority, the decision to discontinue the case could have far-reaching economic and political consequences for Ghana.
“Political and economic risk analysts will not be kind to Ghana given that some global financial institutions may refuse to do business with Ghana due to the uncertainty over these charges being re-instated by a future Attorney-General.
This will likely increase the cost of Ghana’s international transactions,” they warned.
They stressed that halting the prosecution does not equate to clearing Dr Asiamah of wrongdoing and that a future government could still reinstate the charges, potentially undermining confidence in his decisions as BoG Governor.
The Minority further questioned the implications of Dr Asiamah’s position on Ghana’s international financial standing.
“Dropping the charges does not mean he has been absolved of the crime.
These charges can be brought back under a different government, and what will become of the decisions he will make as Governor?” they asked.
They argued that allowing an individual with unresolved legal issues to lead the central bank could create uncertainties in financial policymaking and damage Ghana’s credibility on the global stage.
As a result, the Minority announced plans to formally notify the International Monetary Fund (IMF) of their concerns.
“We will be writing to the IMF to draw attention to this, given that he will also, as Governor of the Bank, be a member of the IMF Board of Governors, exposing Ghana to international ridicule,” they stated.
They emphasised that transparency and accountability should not be compromised, particularly at a time when Ghana is under an IMF programme and requires strong financial leadership
Source: Classfmonline.com/Cecil Mensah
Trending News
Ashanti Region hosts second “Momentum Walk” with strong message against drug abuse
09:04BoG reverses decision to terminate nearly 100 staff recruited in December 2024
07:16OSP arrests top former GRA, SML, PPA officials over suspected corruption in revenue assurance contracts
14:00E/R: Three dead, several injured in fatal accident at Asuboi on Accra-Kumasi Highway
10:47Former GIHOC MD arrested by National Security over alleged financial misconduct
10:45Mahama pushes July 1 holiday to Friday
07:01C/R: NADMO to crack down on hazardous billboards following fatal building collapse
13:53Parliament hosts Eswatini delegation to strengthen inter-parliamentary ties
10:32Gov't suspended Energy Levy to ease economic burden on citizens – Majority Leader
14:56National Girls-in-ICT Initiative champions digital inclusion: Gender Minister rallies nation to invest in girls' tech future
02:02