Dr. Asiamah qualifies as governor of Bank of Ghana: Kwakye Ofosu

This follows concerns raised by the minority over the procedural and constitutional implications of Dr Asiama’s early assumption of office. Dr. Asiama should refrain from engaging in official duties at the BoG until his nomination as Governor is fully approved by the Council of State, according to the minority.

The caucus has urged the International Monetary Fund (IMF) to exercise strict oversight of its involvement with Dr. Asiama to prevent potential dangers to Ghana’s global reputation.

This stems from the government’s recent withdrawal of all charges against Dr. Asiama, who was initially facing trial in connection with the collapse of UniBank and UT Bank.

The minority questions his credibility in serving as a lead negotiator with the IMF during this era.

On Wednesday, Ofosu highlighted Asiama’s extensive experience and expertise in economic and financial matters.

“He is a known economic and finance expert with significant acumen. He has laboured in a previous capacity as the second deputy governor of the BoG and therefore is qualified to hold the position of governor of the BoG.

“That is what President Mahama considered in appointing him to the position, and we believe that he will do a very good job,” Ofosu stated.

He emphasised that the government is not anxious about the opposition adding that stakeholders within the financial sector and the economy are well-grounded and understand the matters at hand.

“Government is not concerned. All the stakeholders within the financial sector, the stakeholders in the economy are people who are well-grounded and know what exactly the issues are regarding the economy and the nation’s finances.

‘They are aware that political actors want to grandstand and dabble in all manner of theatrics as a means of furthering their political interests.

“I am not sure that any serious investor or player in the Ghanaian economy will make decisions depending on some issues that the minority are raising, which are not grounded and motivated by politicking,” Kwakye Ofosu explained.