Minority leader in Parliament, Dr Ato Forson has reminded the Bank of Governor, Dr Ernest Addison and Finance Minister, Ken Ofori-Atta that their day of accountability is nigh.

He made this known in a rebuttal statement in connection with Mr Ofori-Atta's "Stand with Bank of Ghana Governor" agenda. In a write up, the Finance Minister argued that Dr Ernest Addison is a competent professional who should not lose his job for protecting the economy.

“Governor Addison, just like me, has faced major economic hurdles since 2017, inheriting a derailed International Monetary Fund programme and a highly impaired and ethically strained financial industry from our predecessors, having to navigate the serious revenue shocks on the back of COVID-19 and distortions to our supply chain induced by both Covid-19 and international geopolitics," he wrote.

The Finance Minister also defended the construction of a new headquarters for the Central Bank, arguing that it is "befitting".

In response, Dr Ato Forson noted that the need to justify the "gross incompetence and misgovernance of the leadership of the Bank of Ghana," by the Minister of Finance, Ken Ofori-Atta "ended up worsening the case of the central bank and deepening its credibility crisis."

He noted that it is legitimate for citizens to seek clarifications regarding value for money considerations in executing such a project and whether current circumstances justify a project of that nature as the central bank has made losses in three of the past six years; and is projected to declare a loss again in 2023 and possibly in 2024.

"The Minister should rather welcome the call for an independent audit into the project and to ensure value for money at the end of the day," he added.

Dr Ato Forson concluded by reminding Governor Addison and Mr. Ken Ofori-Atta that "the day of reckoning is very near and they will be held accountable for their collective mess."

On August 9, 2023, the Minority issued a 21-day ultimatum for the resignation of the governor of the Bank of Ghana and his deputies. The ultimatum has elapsed, however, the Minority has threatened to protest to demand their removal.