The Minority in Parliament has announced plans to summon Bank of Ghana Governor Dr Johnson Asiama to explain the cost and rationale behind the introduction of the new Heritage cedi notes, as well as concerns over the accuracy of some images used in their design.
Speaking at a press conference in Parliament on Friday, November 13, Ofoase-Ayirebi MP, Kojo Oppong Nkrumah said the Caucus would demand answers on the expenditure involved in producing the notes and the process through which their designs were approved.
He said the Minority would also request a copy of the due diligence report on the designs to establish who authorised and signed off on them.
Oppong Nkrumah questioned how the Central Bank could allow what he described as misrepresentations of identities to appear on some of the notes.
“How much has this exercise cost us? How do they respond to the misrepresentations of identities on the face of some of the notes they have presented? What will it cost us to reprint those notes on which identities have been misrepresented?” he asked.
He said the Minority had received information that the Bank’s Board wants to hold an emergency meeting to consider the concerns but that would not happen as the Governor would need to be in Parliament to respond to those concerns.
“We are hearing, for example, that the Bank Board wants to meet tonight on an emergency basis to try and respond to some of those questions. We want to serve notice, and notice is hereby served, they will have to show up in Parliament and answer all of these questions,” he said.
The Legislator added that Parliament would also demand the due diligence report on the note designs, including details of the person who signed off on the document.
