The Member of Parliament for Bolgatanga Central, Isaac Adongo, has alleged that the Governor of the Bank of Ghana, Ernest Addison, has illegally given over GHS 70 billion to the government to finance maturing debts on the domestic market.
According to Mr. Adongo, the move by the central bank was contrary to the Financial Management Act.
In an interview with the media, Mr Adongo who doubles as the ranking member on the Finance Committee of Parliament reiterated his call for the resignation of Mr Addison.
Mr. Adongo added that the rise in inflation, depreciating of the cedi and worsening economic conditions is a result of policy decisions of the Governor, hence his call for his dismissal.
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma
