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#OccupyBoG: Minority, Police settle disagreement; protest scheduled for Oct. 3

The Minority Caucus in Ghana’s Parliament has finally scheduled the planned protest against the Bank of Ghana to Tuesday, October 3, 2023. The decision follows the settlement of differences with the Police over the choice of route.


Initially the Minority had planned to start the protest
march from the frontage of ParliamentHouse, through the Osu Cemetery Traffic light, Ministry of Finance, the High Court Complex, Kinbuto Makola, Rawlings Park, Opera Square and end at the Bank of Ghana where they would present their petition.

The Greater Accra regional Police Command, however insisted otherwise describing the Bank of Ghana premises as a security zone. It subsequently filed an interlocutory injunction at the High Court in Accra.

The NDC MPs, who had earlier announced to occupy Bank of Ghana on the 5th of September, were compelled to postpone in to Tuesday 12th September pending judgement.

The case has however been adjourned to September 18 following an objection raised by the lawyers representing the NDC MPs, citing a breach of the law in the filing of the application.

In an Interview with journalists, Dr Cassiel Ato Forson, the leader of the Minority Caucus insisted….: “We have the right to demonstrate and we will demonstrate!”  

Last Monday, September 11 however, the Minority made U-turn after another emergency meeting called by the Police.

Myxyzonline has learnt after initial disagreement, some compromises were made and the parties have agreed the demonstration will end at the Independence Square.

After about three hours of discussions both parties agreed the demonstration will take place on the 3rd of October between 8 am and 6 pm on a new route beginning from Obra Spot – Adabraka Ridge Roundabout – National TheatreTraffic Light, through the High Court ComplexTraffic Light towards Atta Mills Highway and then make a U-Turn to Independence Square.

The Minority is demanding bank of Ghana Governor, Dr Ernest Addison and his two deputies to resign over poor management.

The action is in protest over the whopping loss of GH¢60.8 billion, which is equivalent to $6 billion and a negative equityof over GH¢55.1 billion, as reported in the bank’s 2022 financial statement.

Minority Leader, Dr Cassiel Ato Forson, who addressed a news conference last month issued a three-week ultimatum for their resignation, also accused them of breaching the constitution through the illegal printing of money.

He said that after over-lending to the government, the centralbank proceeded to write-off a GH¢ 48.4 billion debt owed itby the government without seeking parliamentary approval.

He said…. “It is important to state that the Governor breached section 30 (7) of the Bank of Ghana Act, 2012 (Act 612 ) and Section 60 of the Bank of Ghana Amendment Act, 2016 (Act 918)

Dr Cassiel Ato Forson explained that about 850,000 people have been further pushed down the poverty line as a result of the hyperinflation in 2022.

He emphasized,…  “We in the NDC will continue to explore ways of rescuing this country to prevent it from the doom that has befallen several West African countries.

 

By: Alina Waldschmidt/myxyzonline.com/ Ghana

 

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