The Member of Parliament for Bolga Central, Hon. Isaac Adongo who is also a noteworthy member of the Finance Committee has recently filed a case against the Bank of Ghana (BoG) for not submitting the six months report to the parliament.
According to Section 53 of the Bank of Ghana Act, the BoG is responsible to send a report of all the foreign exchange in and out of Ghana, after every six months. However, the BoG has not only reported to the Parliament but also maintains the level of ignoring all the actions that have taken against it.
However, Hon. Issac Adongo is all set to put a stop it as he said, “the Bank of Ghana has either failed and or neglected to comply with this statutory reporting requirement and is therefore in clear breach of the Bank of Ghana Act.” He has sent an official letter to the Attorney General signed by lawyer Dr. Dominic Akuritinga Ayine in which he has clearly mentioned the fact that the BoG has to present the report to Parliament in one month or face court.
He said, “I intend to proceed to court to compel the Bank of Ghana to comply with the law within one month.”
Stay tuned for more business updates.
Copyright © 2019 Ghanalive.TV. All Rights Reserved.