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
-
Ghana Prisons Service on manhunt for 29-year-old escapee
15 minutes -
Researchers warn Ghana’s coastal erosion could worsen
17 minutes -
Algeria claim first-ever podium finish after penalty shootout win over hosts Morocco
2 hours -
NPP struggled even in traditional strongholds in 2024 – Annoh-Dompreh
2 hours -
NPP must elect strong parliamentary candidates to reclaim Greater Accra seats – Patrick Boamah
2 hours -
Abdul Rahman retains Upper West NPP chairmanship despite Nandom protest
2 hours -
Iddrisu Sulemana edges Clifford Braimah to become NPP Savannah Regional Chairman
2 hours -
‘Arrogance of power’ is driving voters back to NPP in Ashanti Region – Paul Adom-Otchere
2 hours -
They demolish buildings and tell us they’re building 24-hour markets – Paul Adom-Otchere
3 hours -
NPP’s 2024 Bolgatanga Central Parliamentary Candidate elected Upper East Regional Chairman
3 hours -
Incumbent Northern NPP Chair wins as new faces break through in party executive elections
3 hours -
Former Health Minister Okoe Boye elected NPP Greater Accra Regional Chair
3 hours -
Joseph Kobinah Esibu elected NPP Central Regional Chairman
3 hours -
Fernandez booed by Chelsea fans as Alonso offers glimpse of blueprint
3 hours -
PSG sign World Cup winner Torres from Barcelona
3 hours