{"id":2031,"date":"2025-02-06T00:03:17","date_gmt":"2025-02-06T00:03:17","guid":{"rendered":"https:\/\/parliamentnews360.com\/?p=2031"},"modified":"2025-02-06T00:03:42","modified_gmt":"2025-02-06T00:03:42","slug":"minority-raises-concerns-over-bog-governor-nominee-threatens-to-petition-imf","status":"publish","type":"post","link":"https:\/\/parliamentnews360.com\/index.php\/minority-raises-concerns-over-bog-governor-nominee-threatens-to-petition-imf\/","title":{"rendered":"Minority Raises Concerns Over BoG Governor Nominee, Threatens to Petition IMF"},"content":{"rendered":"\n<p>By Edzorna Francis Mental<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Accra, Ghana \u2013 February 5, 2025<\/strong><\/h3>\n\n\n\n<p>The Minority in Parliament has raised strong objections to the nomination of <strong>Dr. Johnson Asiamah<\/strong> as Governor of the Bank of Ghana (BoG), citing unresolved legal concerns and procedural irregularities.<\/p>\n\n\n\n<p>Addressing the media in Parliament on Wednesday, <strong>Dr. Gideon Boako, MP for Tano North<\/strong>, reiterated the Minority\u2019s stance, insisting that Dr. Asiamah\u2019s nomination poses both legal and reputational risks for the country. The Minority has also announced its intention to petition the <strong>International Monetary Fund (IMF)<\/strong> over the matter.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Concerns Over Legal Issues and Due Process<\/strong><\/h3>\n\n\n\n<p>The Minority Leader, <strong>Alexander Afenyo-Markin<\/strong>, had earlier petitioned <strong>President John Dramani Mahama<\/strong>, urging him to reconsider the nomination, highlighting concerns about Dr. Asiamah\u2019s past legal troubles.<\/p>\n\n\n\n<p>\u201cAs Governor of the Central Bank, he will be a member of the <strong>IMF Board of Governors<\/strong>, and this could expose Ghana to international scrutiny,\u201d Dr. Boako stated.<\/p>\n\n\n\n<p>The NPP MPs also argued that Dr. Asiamah <strong>cannot assume office until his nomination has been formally approved by the Council of State<\/strong>. They claim that despite this, he has already begun engaging with senior officials of the central bank, which they describe as unconstitutional.<\/p>\n\n\n\n<p>\u201cBy constitutional requirement, his nomination requires consultation with the <strong>Council of State<\/strong> before he can be appointed. This means that <strong>Dr. Johnson Asiamah cannot legally operate as Governor until such consultation has taken place<\/strong>,\u201d the Minority emphasized.<\/p>\n\n\n\n<p>They further questioned:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u201cHow can someone who is yet to be appointed start assuming the duties of Governor?\u201d<\/li><li>\u201cWould any decision taken by Dr. Asiamah in this capacity have legal authority?\u201d<\/li><li>\u201cWouldn\u2019t this expose the central bank to legal risks?\u201d<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Dr. Asiamah\u2019s Past Legal Troubles<\/strong><\/h3>\n\n\n\n<p>Another key concern raised by the Minority is <strong>Dr. Asiamah\u2019s past legal battles<\/strong>. Before his nomination, he was reportedly <strong>facing trial for multiple charges<\/strong>, including <strong>fraudulent breach of trust, money laundering, conspiracy to commit a crime, and violations of the Bank of Ghana Act<\/strong>.<\/p>\n\n\n\n<p>According to the Minority, these charges were <strong>withdrawn by the Attorney General\u2019s office just days before President Mahama nominated him for the BoG position<\/strong>, raising suspicions about the timing of the decision.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Minority\u2019s Demand<\/strong><\/h3>\n\n\n\n<p>The NPP MPs are demanding that <strong>Dr. Johnson Asiamah stays away from the Bank of Ghana until his nomination is legally confirmed<\/strong>.<\/p>\n\n\n\n<p>&#8220;He can receive all the necessary briefings as he awaits approval, but he must not assume duties prematurely,&#8221; the Minority cautioned.<\/p>\n\n\n\n<p>The development is expected to spark further debate in Parliament, as the <strong>opposition intensifies pressure on the government to ensure due process is followed<\/strong> in the appointment of Ghana\u2019s top banking regulator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Minority in Parliament has raised strong objections to the nomination of Dr. Johnson Asiamah as Governor of the Bank of Ghana (BoG), citing unresolved legal concerns and procedural irregularities.<\/p>\n","protected":false},"author":2,"featured_media":2032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[1194,1185,1193,981],"class_list":{"0":"post-2031","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-news","8":"tag-bog","9":"tag-dr-gideon-boako","10":"tag-dr-johnson-asiamah","11":"tag-governor-of-the-bank-of-ghana"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.3 - 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