Bank Collapse: BoG Governor to be hauled before Parliament

Parliament

Parliament’s Finance Committee says it will drag before the House, Governor of the Bank of Ghana, Ernest Addison over the collapse of some five banks.

The recent collapse brings to seven the total number of banks that have gone under in just a year.

Minority spokesperson on Finance, Cassiel Ato Forson says the Finance Minister will also be brought before Parliament to explain the occurrences in the banking sector.

“I am going to ask the Minister of Finance and Governor of the Bank of Ghana to appear before Parliament to give us further and better particulars about this and if there is any way government of Ghana can take any action to reduce the fiscal cost to the state,” he said on Joy News’ political talk show programme, Upfront.

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