Minority Chief Whip Kwame Governs Agbodza has responded to the claims made by the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, that he will not resign from his position despite demands by the Minority caucus and its allied partners.
On Tuesday, October 4, the Minority led a protest known as #OccupyBoG, which aimed to express their dissatisfaction with Dr. Ernest Yedu Addison and his two deputies.
Thousands of protesters marched from the Obra Spot near the Kwame Nkrumah Circle Interchange to the central bank’s head office, intending to present a petition to the Governor.
However, the Director of Security at the Bank of Ghana was delegated to meet with the leadership of the Minority to receive the petition.
Minority Leader Dr. Cassiel Ato Forson refused to deliver the petition to Wing Commander (rtd) Kwame Asare-Boateng, expressing his sense of disrespect by the Governor’s decision to send the bank’s security chief to meet with him and the organizers.
In response, Minority Chief Whip Kwame Governs Agbodza characterized Dr. Addison as a “coward” who was hiding in his “rat hole” protected by his accomplices when the protesters were looking for him.
Agbodza suggested that Dr. Addison may have been disappointed that the demonstration turned out to be peaceful, stating that the Governor expected more action.
The Adaklu Member of Parliament (MP) vowed that the Minority would not relent in its demand for Dr. Addison and his deputies to step down from their positions.
He cited alleged financial mismanagement, such as spending over GH¢100 million on car maintenance and allowing contractors to increase the cost of a project from just above $80 million to over $220 million, as reasons for the protest.
Agbodza argued that accountability was needed, especially at a time when many infrastructure projects were suspended, young people were unemployed, and the country faced economic challenges.
He concluded by suggesting that those who engaged in such actions may feel like “clever thieves” today but that their day of justice would surely come.
The ongoing protests and political pressure on the Bank of Ghana are indicative of the economic challenges facing Ghana and the contentious role of the central bank in managing monetary policy and economic stability in the country.