Communications Officer for the National Democratic Congress (NDC), Sammy Gyamfi, has accused the Bank of Ghana of printing an amount of GHC80 billion for the government of Ghana.

In an interview on Onua TV, he noted that despite the "unlawful" funding to the government, there is currently nothing to show.

"More than 50 percent of the total revenue. They are living like there is no law. The impunity. After supplying the government over GHS80 billion, let's ask ourselves what government used the money for," he said,

He noted that the amount of money printed by the Central Bank for the Akufo-Addo-led government comes nowhere close to the loans that were taken by the erstwhile Mahama government.

"He (John Mahama) borrowed GHS54 billion. This does not even include the accumulated debt of this government," he added.

The Bank of Ghana has recently come under intense scrutiny after it posted a loss of GH¢60.8 billion in its audited financial statement for the 2022 fiscal year.

This loss, according to the Bank of Ghana, is largely due to the government’s debt restructuring activities.

Speaking at a press briefing in Accra on August 8, 2023, the NDC leveled a series of allegations against Dr Addison, including claims that his actions and inactions have amounted to significant financial loss to the state.

In view of this, Minority Leader Dr Cassiel Ato Forson notes that Dr Ernest Addison ,whom he claims has recklessly mismanaged the Central Bank and brought it to its knees, cannot remain at the helm of affairs of the bank without being held accountable.

The Minority has therefore issued a 21-day ultimatum for the resignation of the governor of the Bank of Ghana.