Bank of Ghana Governor Printing Money for Gov’t Illegally - Isaac Adongo Claims
- Isaac Adongo has accused the governor of the Bank of Ghana of illegally printing notes for the government
- The NDC lawmaker has therefore warned the governor to stop the illegality
- Adongo earlier described as saddening the approval of the finance minister
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Ranking Member on the Finance Committee of Parliament, Isaac Adongo, has accused the governor of the Bank of Ghana of “illegally” printing money for the government.
Source: Facebook
Ernest Addison’s conduct, Adongo said breaches the Central Bank’s regulations.
The National Democratic Congress’ lawmaker for Bolgatanga Central is therefore calling on the investor community to “save Ghana from collapse” as the country’s debt woes deepen.
He warned the governor of the Central Bank to stop his “recklessness” and “begin to respect his own laws and the Parliament of Ghana," and that he cannot print money and throw it at government that way.
Adongo stayed away from the approval of Ken Ofori-Atta as Finance Minister on Monday, March 29. He criticised his colleague NDC MPs for approving the finance minister when he “epitomises all that is wrong with our financial sector.”
Minority Leader, Haruna Iddrisu, explained in seconding the motion for the approval of Ofori-Atta on the floor of Parliament that the consensus recommendation by the Appointments Committee was strategic.
The move, he said was to ensure the Ofori-Atta carries his own cross of economic mismanagement—an explanation welcomed by the NDC’s General Secretary, John Asiedu Nketia.
Adongo is however not convinced by the reasons given.
“I didn’t want to be seen as endorsing somebody I believe is a scam on Ghana. That's why I was absent and if there's anyone who'll put his life on the line for Ken Ofori-Atta not to be finance minister, you can wake me up,” he told Accra-based Starr FM.
In other news, news reaching YEN.com.gh indicates that armed men shot and killed a man believed to be in his early 40s in a daylight robbery in Kasoa Opeikuma in the Central Region.
Sources close to the development told YEN.com.gh the deceased was returning from a bank holding a brown bag suspected to be containing an undisclosed amount of cash.
Four guys on a motorbike with one wielding a gun approached the deceased as he waits to board a taxi.
After a minute of silent conversation, the guy wielding the gun suddenly shot the deceased and made away with the brown bag.
The guys reportedly sped after the grisly encounter.
The police are yet to make any arrest, sources close to the development told YEN.com.gh.
Meanwhile, four military officers and five civilians were arrested in the Gomoa East District of the Central Region.
According to a report filed by Citi News, the nine, all armed with guns, robbed the Executive Quarry site in Gomoa Ojobi and bolted with GHS10,000.
They also made away with one IBM laptop computer, one HP laptop, two system units, one money counting machine, a printer, and two security cameras all valued at GHS20,000.
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Source: YEN.com.gh
