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The Alliance for Social Equity and Public Accountability (ASEPA) has declared its intention to ask the State Council to oppose President Akufo-Addo’s decision to reappoint Dr Ernest Addison as governor of the Bank of Ghana (BoG).
In a statement seen by Joy News, signed by its executive director, Mensah Thompson, the group said their reason for opposing the appointment stems from Dr Addison’s “reckless action” led to “the collapse without precedent of the securities sub-sector ‘in the country.
“We were indignantly informed of the President’s decision to re-appoint Dr Ernest Addison as Governor of the Central Bank for a further four-year term.
“Dr. Addison, who served as central bank governor between the periods 2017-2021, was at the center of the reckless and illegal collapse of some banks and financial institutions violating banking law with impunity.
“It was his conduct as governor that created the environment for the unprecedented collapse of the securities sub-sector,” he said.
The Executive Director indicated that this petition, as well as another “opposition to Mr. Ken Ofori-Atta as Minister of Finance that we (ASEPA) are taking to clean up the financial sector of the economy which has been largely brought to their knees by the reckless action of the duo ”.
Dr Ernest Addison was first appointed Governor of the Bank of Ghana by President Akufo-Addo in April 2017, following the resignation of Dr Abdul-Nashiru Issahaku.
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