Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has released fresh records concerning the presently disputed new headquarters of the Bank of Ghana (BoG).

These documents pertain to exchanges between the Ministry of Finance and the central bank, addressing topics including modifications to the project's expenses.

The most recent of the four disclosed letters, consisting of two from the Ministry and two from the BoG, is dated January 17, 2023. This particular letter originates from the Central Tender Review Committee (CTRC) within the Ministry.

Among others, the committee said issues it had raised in an earlier correspondence remained “unsatisfactorily addressed” by the BoG. It also advised the BoG to stick to all designs at present “to avoid huge variation costs in future procurement.”

The letter further confirmed that a price of US$222,760.55 had been assigned to the amended scope of work.

The congressman made the point that the cost of the project's land, which he intimated was also problematic, was not included in the present amount.

"It is imperative to point out that the latest variation figure of US$222.79million is without the cost of the land. The cost of land and its dubious acquisition would be the focus of another episode.

"Contrary to claims by some NPP propagandists that the skyrocketing cost of the BoG head office project is due to general inflation and in particular, rising cost of building materials — the Central Tender Review Committee exposes those claims as false," his post read in part.

Click on link to read Ablakwa's full post below: