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Stop acting like KG pupils – Allotey Jacobs jabs Minority over BoG picketing threat

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Bernard Allotey Jacobs, a former Central Regional Chairman of the National Democratic Congress (NDC), has harshly condemned the Minority caucus in Parliament for planning to protest outside the Bank of Ghana (BoG) facilities.

The Governor of BoG, Dr. Ernest Addison, and his appointees have been given a three-week deadline by the Minority caucus and the larger NDC to quit voluntarily.

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If they refused, the Minority would march to the Central Bank’s offices and physically remove them.

However, Bernard Allotey Jacobs views these gestures as hollow and hypocritical.

He argues that the Minority lacks the power to select or remove officials and emphasizes the fact that they are not authorized to name the governor of the Bank of Ghana.

Additionally, he criticizes the idea of picketing the bank while still receiving wages from it, comparing it to juvenile conduct.

“All this picketing will achieve nothing. We should learn from history and not be misled by rash decisions. Engaging in protests and making statements about causing upheaval will not grant you real power,” he remarked during an interview on Accra-based Peace FM.

Allotey Jacobs emphasizes the MPs’ hypocrisy further by pointing up their absence from the “Fix the Country” protest while enjoying numerous financial advantages. His assessment of their behavior is that it is useless and lazy.

According to a financial statement, the Central Bank allegedly lost more than 60 billion cedis in 2022.

The Bank of Ghana (BoG) has denied allegations of insolvency or bankruptcy in response to the allegations made by the opposition party NDC. The minority leader, Dr. Cassiel Ato Forson, claimed that the bank’s negative equity exceeded GHS55.1 billion, indicating bankruptcy.

The Central Bank, however, refuted these assertions and argued that its financial outcomes have limited impact on its operational status, given its non-commercial nature.

 

 

 

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