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BusinessGeneral

BoG HQ: Hold Addison accountable for alleged inflated figures – Edem Senanu

Ekow Annan By Ekow Annan Published March 7, 2025
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Anti-graft campaigner Edem Senanu is demanding that the former Governor of the Bank of Ghana (BoG) Dr. Ernest Addison be held accountable for the alleged inflation of figures associated with the construction of the new Bank of Ghana headquarters.

This comes after the new BoG Governor, Dr Johnson Pandit Asiama, revealed that the state under the previous Akufo-Addo government paid $230 million to the contractor working on the new BoG building project, with an outstanding balance of $31.8 million still owed to the construction firm.

Speaking to Starr News, Mr. Senanu called for transparency and accountability from those involved in the project.

“I believe that those who were in charge of the affairs should provide an explanation as to how they justified this decision. When we see a significant escalation in costs, shouldn’t we reassess our approach? We need to consider whether the inputs or raw materials used were appropriate, whether the skills involved were adequate, and whether the design was well thought out. We should aim to stay within reasonable limits that do not burden the state, especially at a time when the government itself requires resources to run the practical aspects of the economy.”

“I agree with you, ultimately. Let us encourage, invite, and ensure that those in charge provide us with informed reasons for how and why they made these decisions. Who was involved in determining that this was so valuable and worthwhile for the nation at the time the decisions were being made?”

Source: Ghana/StarrFM103.5FM/Benjamin Sackey

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TAGGED:Bank of Ghana GovernorDr Ernest AddisonDr Johnson AsiamahEdem SenanuFormer BoG Governor
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