The main opposition party in Ghana has given a 3-week ultimatum to the country’s central bank governor and his deputy to resign. The National Democratic Congress accuses Ernest Addison of “recklessness” and mismanaging the bank – with the bank accused of illegally printing money and spending over $8.6m on travel expenses.

In the fiscal year 2022, the Bank of Ghana encountered a significant loss of GH¢60.8 billion, sparking accusations of mismanagement from the NDC.

As part of the NDC’s “Moment of Truth” series, Ato Forson, the Minority Leader, addressed journalists on Tuesday. He alleged that the Central Bank Governor’s mishandling of the Bank’s operations necessitated an IMF bailout.

“We, therefore, demand the resignation of the Central Bank Governor and his deputies within 21 days starting today,” Ato Forson stated.