The proposed Bank of Ghana Head Office under construction
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The Member of Parliament for Bawku Central, Mahama Ayariga, has on behalf of the Minority Chief Whip in Parliament, Governs Kwame Agbodza, written to the Bank of Ghana (BoG) to request for cost details of their new head office being constructed at Ridge in Accra.

In a letter issued to the BoG Thursday, August 17, 2023, the MP is demanding response for four items being requested in 7 working days in accordance with Section 18 of the Right to Information Act 2019 (ACT 989).

Aside from demanding details of the financial arrangements for the construction of the office, the statement also requests details of “the processes involved in the procurement of the construction of the new headquarters building of the Bank of Ghana currently under construction at Ridge in Accra and the contractors involved in the construction. Please provide names of consultants and project managers.”

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Also, the MP wants the BoG to furnish him with details of “the cost, scope of works, bill of quantities and contract start and completion dates” and “how the land on which the new headquarters building of the Bank of Ghana was procured and at what price or under what arrangement and from who.”

The building of a new headquarters  by the central bank at a cost US$250million came to light in August 2023.

The revelation has raised many concerns after the bank’s 2022 Annual Report revealed that they incurred a loss of GHC60.8billion and a negative equity of GHC55.1billion.

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