Last
year,
the
NDC
intensified
its
criticisms
of
the
Bank
of
Ghana
(BoG),
with
National
Communications
Officer
Sammy
Gyamfi
declaring
that
Governor
Ernest
Addison
and
the
Bank’s
board
will
face
prosecution
for
their
roles
in
the
institution’s
reported
GHC
60
billion
loss.
Speaking
in
an
interview
on
Onua
TV
on
August
9,
2023,
Sammy
Gyamfi
expressed
his
party’s
strong
stance
against
what
he
described
as
financial
mismanagement
at
the
central
bank.
“Ernest
Addison
is
jail-bound.
He
is
destined
for
jail.
There
is
no
way
Addison
will
not
be
prosecuted,
there
is
no
way,”
–
Sammy
Gyamfi
emphatically
stated
during
the
interview,
w
between
minutes
0:00
and
4:40.
Background
on
BoG’s
GHC
60
Billion
Loss
The
Bank
of
Ghana
recently
reported
a
GHC
60
billion
loss
for
the
2022
fiscal
year,
attributed
primarily
to
debt
restructuring
under
the
Domestic
Debt
Exchange
Programme
(DDEP)
and
rising
inflation.
The
losses
have
sparked
public
outcry
and
heightened
political
tension,
with
the
NDC
accusing
the
BoG
of
gross
financial
mismanagement
and
lack
of
accountability.