Audio By Carbonatix
The Bank of Ghana (BoG) has stated that it has no further information to provide to Bawku Central Member of Parliament, Mahama Ayariga, regarding the cost of its new head office building.
In response to Mr Ayariga's Right to Information request for detailed financial information about the construction project, the BoG indicated that all relevant financial details have been included in its 2023 annual report, which is publicly accessible.
The BoG clarified that no additional costs were incurred on the project in 2023, and therefore, there is no further information available to share with the lawmaker.
The BoG in a letter to the lawmaker emphasised that all procurement processes and financial transactions related to the new head office have been conducted in compliance with the established regulatory frameworks and oversight mechanisms.
"The BoG has published the status of its expenses on the head office building, in the 2023 Annual Report. As indicated in the 2023 Annual Report, no additional amount was expended for the year 2023. As such, no further disclosure is required," an excerpt of the letter said.
Mahama Ayariga, who has been vocal about the need for transparency in government projects, expressed his dissatisfaction with the BoG’s response.
He argues that as a public institution, the BoG has an obligation to provide clear and detailed information about the expenditure on the new head office.
Mr Ayariga maintains that transparency is crucial to ensure accountability and public trust in the management of national resources.
The BoG’s new head office project has been a subject of public interest and scrutiny, with various stakeholders calling for greater disclosure of the project's financial aspects.
Latest Stories
-
WAEC Awards: PRESEC-Legon student grabs best business student prize
2 hours -
Bills Micro-Credit suspends officers over altercation with customer, hands them over to police
4 hours -
Court jails foreign national 5 years after GH¢1.9m & US$191k fake currency conviction
4 hours -
E.P. College of Education raises alarm over infrastructure deficit
5 hours -
Hamas urges key ally Iran to halt attacks on Gulf states
5 hours -
Trump urges UK and other nations to send ships to help secure Strait of Hormuz after Iranian attacks
6 hours -
Ken Ofori-Atta eyes US residency as Ghana seeks his extradition over corruption allegations
6 hours -
JoyNews’ Kwetey Nartey selected for 2026 Stigler Center Journalism Fellowship
6 hours -
Bills Micro-Credit probes viral altercation involving field officers and woman carrying baby
7 hours -
Ghana, Russia review bilateral ties, explore new areas of cooperation
7 hours -
Spintex Burglary: Police arrest suspect, recover stolen cash and valuables
7 hours -
Drug suspect arrested after attempting GH¢20,000 bribe to police in Tamale
7 hours -
Police arrest 10 suspects in anti-drug operation in Tamale
7 hours -
IRC Ghana, Ahafo RCC hold RLAP meeting on sustainable rural water infrastructure and management
7 hours -
Gov’t to ban gas cylinder importation – Energy Minister
8 hours
