Governor has not resigned – Bank of Ghana

Dr. Paul Acquah - Governor, Bank of Ghana
Dr. Paul Acquah - Governor, Bank of Ghana

The Governor of the Bank of Ghana, has not resigned from his post and neither is he on leave as earlier reported by sections of the Ghanaian media.

Dr. Paul Acquah is said to be at post this morning January 20, 2009.

Esi Hammond, Public Affairs Manager of the Central Bank, in an interview on Joy Business News monitored by said the Governor is still at post.

“He is not on leave and he hasn’t gone anywhere, he is here. The stories about him being away from the Bank are not true,” she said.

The resignation of a Deputy Governor of the Bank, Dr. Mahamudu Bawumia, who took leave of absence from the Bank to contest the 2008 elections as a running mate of the New Patriotic Party (NPP) sparked speculations that the Governor was also being asked to resign.

Dr. Bawumia on his return from his unsuccessful bid to become Ghana’s Vice President, was compelled by political pressure exerted by the National Democratic Congress (NDC) ruling party operatives to resign. He was warned he would be fired if he failed to do what was considered “the honourable thing”, which was to resign.

Dr. Bawumia, eventuallay resigned from the Bank where he had a contract due to expire in 2010.

By Emmanuel K. Dogbevi

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