{"id":54759,"date":"2022-11-11T16:34:55","date_gmt":"2022-11-11T16:34:55","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=54759"},"modified":"2022-11-11T16:34:59","modified_gmt":"2022-11-11T16:34:59","slug":"bog-denies-illegally-giving-govt-gh%c2%a270bn-adongo-alleges","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=54759","title":{"rendered":"BoG denies illegally giving gov\u2019t GH\u00a270bn &#8211; Adongo Alleges"},"content":{"rendered":"\n<p>The Bank of Ghana has denied allegations by the Member of Parliament for Bolgatanga Central, Isaac Adongo, that it illegally gave over GH\u00a270 billion to the government to finance maturing debts on the domestic market.<\/p>\n\n\n\n<p>In a statement, the Central Bank described the allegations as \u201cfalse&nbsp;and&nbsp;unfounded\u201d adding that the allegations are&nbsp;aimed at \u201cimpugning the hard\u2013won credibility of the Bank of Ghana&nbsp;and its Management.\u201d<\/p>\n\n\n\n<p>Mr. Adongo had alleged that the move by the Central Bank was contrary to the Financial Management Act.<\/p>\n\n\n\n<p>In an interview with the media, the ranking member on the Finance Committee of Parliament also called for the resignation of Mr Addison.<\/p>\n\n\n\n<p>According to Mr Adongo, the rise in inflation, depreciation of the cedi and worsening economic conditions are a result of policy decisions of the Governor, hence his call for his dismissal.<\/p>\n\n\n\n<p>Attached&nbsp;<strong>HERE<\/strong>&nbsp;is the full response by the Bank of Ghana.<\/p>\n\n\n\n<p><strong>SEND A STORY:<\/strong>\u00a0Do you have a story for us or need a promotion\/advertisement? Submit them via our email\u00a0<strong><a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>\u00a0and via on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Ghana has denied allegations by the Member of Parliament for Bolgatanga Central, Isaac Adongo, that it illegally gave over GH\u00a270 billion to the government to finance maturing debts on the domestic market. In a statement, the Central Bank described the allegations as \u201cfalse&nbsp;and&nbsp;unfounded\u201d adding that the allegations are&nbsp;aimed at \u201cimpugning the hard\u2013won [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":1,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-54759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BoG denies illegally giving gov\u2019t GH\u00a270bn - Adongo Alleges - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=54759\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BoG denies illegally giving gov\u2019t GH\u00a270bn - Adongo Alleges - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"The Bank of Ghana has denied allegations by the Member of Parliament for Bolgatanga Central, Isaac Adongo, that it illegally gave over GH\u00a270 billion to the government to finance maturing debts on the domestic market. In a statement, the Central Bank described the allegations as \u201cfalse&nbsp;and&nbsp;unfounded\u201d adding that the allegations are&nbsp;aimed at \u201cimpugning the hard\u2013won [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kumasionlinetv.com\/?p=54759\" \/>\n<meta property=\"og:site_name\" content=\"Kumasi Online TV\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-11T16:34:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-11T16:34:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2022\/11\/Addison-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kumasi Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kumasi Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=54759#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=54759\"},\"author\":{\"name\":\"Kumasi Online\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/#\\\/schema\\\/person\\\/71129f20b230eb698b6e82454423d7de\"},\"headline\":\"BoG denies illegally giving gov\u2019t GH\u00a270bn &#8211; 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