Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Etiapa Crowned Miss Sinai 2025
    • Minority Education Committee Statement On Ghanaian Scholarship Beneficiaries Abroad
    • NDC Leaders in Extortion, Harassment Drama with Legal Miners
    • Photo is A.I. Generated It’s a Trivial Matter!!! …Dafiamekpor Tells Parliament
    • NPP Has Ignored, Sidelined My Inputs – J. A. Kufuor
    • Gold & Cash Rewards for ‘Sellouts’ …GoldBod Task Force Hits Road Wearing Body Cameras
    • Akwatia MP, Ernest Kumi Suffered Chest Pains
    • Gertrude Torkornoo files new case at ECOWAS Court
    Facebook X (Twitter) Instagram YouTube
    InsightNewsgh.ComInsightNewsgh.Com
    • Home
    • News
    • Business
    • Entertainment
    • Politics
    • Sports
    InsightNewsgh.ComInsightNewsgh.Com
    Home»Politics»BoG New Office Saga: AriseGhana To Partake In NDC Demonstration Over $250m New Headquarters
    Politics

    BoG New Office Saga: AriseGhana To Partake In NDC Demonstration Over $250m New Headquarters

    Insight NewsBy Insight NewsAugust 21, 2023No Comments2 Mins Read
    BoG New Office Saga: AriseGhana To Partake In NDC Demonstration Over $250m New Headquarters
    BoG New Office Saga: AriseGhana To Partake In NDC Demonstration Over $250m New Headquarters
    Share
    Facebook Twitter LinkedIn Pinterest Email

    AriseGhana, a pressure group, has declared its intention to picket outside the Bank of Ghana’s offices alongside the Minority in order to demand the resignation of Governor Dr. Ernest Addison and his appointees.

    The controversy surrounding the building of the Central Bank’s new headquarters, which is said to have cost around $250 million, is at the heart of the group’s choice.

    The Bank of Ghana (BoG) argued that its current headquarters, which was built in the 1960s, is no longer functional and thus justified the construction of a new one.

    In a statement, AriseGhana claimed that the central bank’s mess was the reason behind their decision to join the picketing.

    “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.”

    In a series of demands, the NDC is protesting the cost of constructing the new structure at Ridge and calling for the resignation of the governor of the Bank and his two deputies.

    AriseGhana is also concerned about the Bank’s 2021 and 2022 money printing, which it blamed on corruption and carelessness.

    “We hold the view that the illegal printing of money by BoG in the year 2021 and 2022 to the tune of GH¢77 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.”

    The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has detailed the actual reason why the governor of the Bank of Ghana, Dr. Ernest Addison is not ready to backdown on the new Bank of Ghana Headquarters project despite the several criticisms from Ghanaians. 

    In a related news, in a new investigation from the lawmaker, he said the project seeks to park about 3,200 cars and as well host about 6,500 people at a time.

    “What does Addison need a new BoG head office which can host 6,500 people for? Why is Addison building a new BoG head office which parks a staggering 3,200 cars? Why exhibit this level of suicidal ostentation?” he questioned in a Facebook post.

    AriseGhana Bank of Ghana Bank of Ghana New Head Office BoG NDC samuel okudzeto ablakwa
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Insight News
    • Website

    INSIGHTNEWSGH seeks to give readers balanced, credible and neutral news from across Ghana and the world. We cover News, Politics, Business, Entertainment, Sports, among others.

    Related Posts

    NPP Has Ignored, Sidelined My Inputs – J. A. Kufuor

    July 14, 2025

    Minority Vote Against All 7 New Justices To Supreme Court

    June 25, 2025

    Newly Appointed MCE Dead

    June 25, 2025

    Comments are closed.

    ADVERTISEMENT
    Health Tips
    LATEST STORIES

    Etiapa Crowned Miss Sinai 2025

    July 14, 2025

    Minority Education Committee Statement On Ghanaian Scholarship Beneficiaries Abroad

    July 14, 2025

    NDC Leaders in Extortion, Harassment Drama with Legal Miners

    July 14, 2025

    Photo is A.I. Generated It’s a Trivial Matter!!! …Dafiamekpor Tells Parliament

    July 14, 2025

    NPP Has Ignored, Sidelined My Inputs – J. A. Kufuor

    July 14, 2025
    POPULAR

    Etiapa Crowned Miss Sinai 2025

    July 14, 2025

    Minority Education Committee Statement On Ghanaian Scholarship Beneficiaries Abroad

    July 14, 2025

    NDC Leaders in Extortion, Harassment Drama with Legal Miners

    July 14, 2025

    Photo is A.I. Generated It’s a Trivial Matter!!! …Dafiamekpor Tells Parliament

    July 14, 2025

    NPP Has Ignored, Sidelined My Inputs – J. A. Kufuor

    July 14, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
    • Buy Adspace
    • Buy Adspace
    • Hide Ads for Premium Members
    © 2025 Insight News GH.

    Type above and press Enter to search. Press Esc to cancel.