Dormaahene who doubles as a High Court judge Osagyefo Oseadeeyo Agyemang Badu II, has voiced his concerns over the Bank of Ghana's (BoG) new head office project, estimated to cost $250 million. The Dormaahene criticized the timing and expenditure of such a significant sum on constructing an office complex.

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Expressing his displeasure in a news report by Accra-based TV3, he questioned the rationale behind the BoG using approximately one-twelfth of the $12 billion International Monetary Fund (IMF) bailout that Ghana is currently accessing to fund an office building. He expressed confusion over the unilateral decision by the Bank of Ghana to undertake such a project, and whether it stemmed from their autonomy as a financial institution.

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He further called on President Nana Addo Dankwa Akufo-Addo to intervene and engage with the Bank of Ghana to reconsider its plans. The Dormaahene emphasized that he expected a productive outcome from the discussions, as he believed that the bank's autonomy did not make it entirely independent from oversight.

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The cost of the new office facility, as estimated by the Parliamentary Minority, has sparked significant public debate. The Bank of Ghana, in response to the concerns raised by the minority, stated that the new office complex was deemed necessary primarily for security reasons, especially in the event of an earthquake. They highlighted the potential vulnerability of the current location.

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The Dormaahene's intervention adds to the ongoing discourse surrounding the project, with various stakeholders voicing their opinions on the cost, necessity, and appropriateness of the proposed new head office for the central bank.

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