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May 21st , 2024

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ACCRA POLICE SEEK COURT ORDER TO HALT PROTEST AGAINST BANK OF GHANA AMIDST LOSSES

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Politics

8 months ago

The Accra Region Police Command has taken legal action by filing a motion at the High Court to prevent the planned protest organized by the parliamentary minority and several advocacy groups. The demonstration, aimed at expressing dissatisfaction with the Bank of Ghana Governor and his deputies following substantial financial losses incurred by the central bank, is facing opposition from the authorities.

Despite the legal maneuver, the minority group in parliament remains resolute in their decision to proceed with the protest, undeterred by the injunction request.


The protest is rooted in concerns over the Bank of Ghana's financial performance, with the institution reportedly experiencing a loss of GHC 60 billion in the year 2022. The substantial scale of this loss has sparked public outrage and calls for increased accountability, prompting the opposition minority and concerned groups to voice their dissent through the planned demonstration.


In response to the filing of the injunction, spokespeople representing the minority party and the advocacy groups have emphasized the constitutional right to peaceful protest. They assert that their intention is to utilize the protest as a platform to demand transparency, answers, and remedial actions from the leadership of the central bank.

The reported loss by the Bank of Ghana has raised questions about the institution's financial management, fueling demands for thorough investigations and measures to prevent similar substantial losses in the future. The upcoming protest is seen as an opportunity for citizens to amplify their concerns and for the opposition to spotlight what they perceive as governmental mishandling.

The High Court is expected to rule on the police injunction request in the coming days. As tensions escalate between the authorities and the protesting groups, all eyes are on the unfolding legal proceedings and the determination of the minority and advocacy groups to continue their planned demonstration despite potential legal barriers.

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