Close Menu
Ghana ElectionsGhana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Mahama Ayariga confirmed as Majority Leader

I trust Haruna Iddrisu’s ability to excel as Education Minister – Ntim Fordjour

Mahama’s inauguration: Burkina Faso’s Traore’s sidearm and its implication

Facebook X (Twitter) Instagram YouTube
Facebook X (Twitter) Instagram Pinterest Vimeo
Ghana ElectionsGhana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports
Subscribe
Ghana ElectionsGhana Elections
You are at:Home»News»GH¢1.6bn for 2,215 staff; Bank of Ghana has a case to answer – Kwaku Azar
News

GH¢1.6bn for 2,215 staff; Bank of Ghana has a case to answer – Kwaku Azar

Ghana ElectionBy Ghana ElectionAugust 11, 2023Updated:August 11, 2023No Comments1 Min Read
WhatsApp Facebook Twitter Telegram LinkedIn
GH¢1.6bn for 2,215 staff; Bank of Ghana has a case to answer – Kwaku Azar
Professor Stephen Kwaku Asare
Share
Facebook Twitter LinkedIn WhatsApp Email

The Bank of Ghana has come under intense scrutiny over the past weeks following allegations of it writing off over GH¢40 billion it lent the Nana Addo Dankwa Akufo-Addo government by the minority caucus of the Parliament of Ghana.

The vice president of IMANI Africa, Bright Simons has also alleged that the central bank is paying its independent directors US$8,000 (GH¢86,000) each month.

Now, US-based Ghanaian lawyer and scholar, Professor Stephen Kwaku Asare, widely known as Kwaku Azar, is alleging that the Bank of Ghana (BoG) pays it 2,215 works GH¢1.6 billion.

In a Facebook post shared on August 9, 2023, the academic said that the central bank must explain how it spends so much on its staff.

“¢1.6B personnel cost on a staff of 2,215. BoG has a case to answer,” the post he shared reads.

In another post, Kwaku Azar alleged that the BoG sends GH¢131 billion to run and maintain its vehicles.

“¢131M spent on running/maintain motor vehicles. Thant can buy 130 cars at $100k each. BoG has a case to answer,” he wrote.

View Kwaku Azar’s posts below:

 

Source: ghanaweb.com

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleYou criticised Mahama’s governance but doing worse now – KKD to Akufo-Addo
Next Article Some MPs said they don’t want a minister, now they have been clamped down like dogs – Chief fumes
Ghana Election
  • Website

Related Posts

Mahama Ayariga confirmed as Majority Leader

January 23, 2025

I trust Haruna Iddrisu’s ability to excel as Education Minister – Ntim Fordjour

January 23, 2025

Mahama’s inauguration: Burkina Faso’s Traore’s sidearm and its implication

January 23, 2025
Leave A Reply Cancel Reply

Top Posts

NDC USA CONGRATULATES PROF. JANE NAANA OPOKU-AGYEMANG ON HER NOMINATION AS RUNNING MATE TO H.E JOHN MAHAMA

March 8, 2024190 Views

AFAG’s CONDEMNATION OF HON. ASIEDU NKETIAH: A POLITICALLY MOTIVATED AND MISCALCULATED MOVE

September 19, 2024148 Views

Dr. Spio-Garbrah tipped to partner Mahama

March 5, 2024143 Views

Nacee projects NDC’s ‘24-hour Economy’ policy in new campaign songs

September 11, 2024116 Views
Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • YouTube
© 2025 Ghana Elections
  • Elections
  • Politics
  • Business
  • Social
  • Editor Picks
  • Technology
  • Sports

Type above and press Enter to search. Press Esc to cancel.