Minority in Parliament notifies Police of #OccupyBOG Demonstration

The Minority in Parliament, in collaboration with Civil Society Organizations, Progressive Forces, and concerned Ghanaians, has announced plans for a public protest against the Bank of Ghana (BOG) over its alleged mismanagement and financial malfeasance.

In a letter addressed to the Greater Accra Regional Commander of the Ghana Police Service, the Minority in Parliament expressed their revulsion over the illegal printing of money, amounting to approximately GHS80 billion, by the BOG between 2021 and 2022. They attributed this action to the corrupt practices of the Akufo-Addo/Bawumia/NPP government, which resulted in a hyper-inflation rate of 54.1% in December 2022.

The Minority in Parliament emphasized that the BOG’s actions have had a detrimental impact on the livelihoods and businesses of Ghanaians, pushing approximately 850,000 individuals into poverty in 2022 alone. They condemned the mismanagement and reckless mishandling of the affairs of the BOG, which led to a loss of GHS60.8 billion and a negative equity of GHS55.1 billion in 2022.

The protest march is scheduled to take place on Tuesday, 5th September 2023, starting from the frontage of Parliament House. The planned route includes stops at the Osu Cemetery Traffic Light, Ministry of Finance, High Court Complex, Kinbu, Makola, Rawlings Park, Opera Square, and will culminate at the frontage of the Bank of Ghana.

During the protest, the Minority in Parliament and their supporters will demand the immediate resignation of the BOG Governor, Deputy Governors, and Board of Directors. They cite the findings of the 2022 Annual Report and Financial Statement of the Bank, which allegedly reveal numerous acts of financial malfeasance by these officials.

The Minority in Parliament has called for the full cooperation of the Ghana Police Service to ensure a peaceful and orderly protest. They expressed their commitment to exercising