“That thousands of people showed up for the protest to register their revulsion at the mismanagement of the Bank of Ghana by Governor Addison and his two Deputy Governors should send a clear message to them that the people of Ghana have lost confidence in their governorship and that their continuous stay at the Bank is untenable,” said a statement of gratitude issued by Minority Leader Dr Cassiel Ato Forson on Wednesday, October 4.
The protest was organised by the Minority in collaboration with some civil society groups including Arise Ghana, ASEPA, Concerned Drivers Association of Ghana, United Motor Association, among others.
Dr Ato Forson thanked all these allied groups “for your unflinching support”.
“To the people of Ghana who stood with us throughout our community engagements, and turned out in your thousands for this historic protest, we salute your courage and patriotism,” he stressed.
“We wish to assure you that as a Minority group, we shall remain resolute and unwavering in upholding the national interest and holding the feet of this government to the fire of accountability.”
The demonstration was aimed at getting not only Governor Addison but also his two deputies – Dr Maxwell Opoku-Afari and Elsie Addo Awadzi – out of office.
These three were not available to receive the petition from the Minority leadership.
“The sins of Governor Addison and his Deputy Governors are unpardonable,” said the Minority's statement.
“Among others, they are responsible for illegally and excessively printing money to finance the reckless expenditure of the corrupt and wasteful Akufo-Addo/Bawumia government, their actions pushed a further 850,000 Ghanaians below the poverty line, they wrote-off the government's indebtedness of GH¢48.4 billion to the Bank without the approval of Parliament, and recorded a staggering and unprecedented loss of GHC60.8 billion in 2022.
“The Bank of Ghana is now bankrupt and insolvent.”
According to the Minority, Dr Addison and his two deputies are not competent enough to fix their own mess.
“We want a new leadership that is able to rebuild trust and confidence in the financial markets, the investor community and the general public.”
The caucus served notice “that we will avail ourselves of all legitimate options, including more protests, to back our demand for their resignation and/ or removal”.