A netizen on Facebook has expressed his displeasure with the Governor of the Bank of Ghana, Dr Johnson Asiama, following the losses made by the Central Bank.
According to the Facebooker, the Bank of Ghana is bleeding cash, but Dr Johnson Asiama acts like he is standing ovation at the Oscars when he appears at public events.
The netizen claimed that Dr Johnson Asiama is Ghana’s first Governor in history who has been seen on screens not for banking reasons.
In a Facebook post, the netizen wrote, “Bank of Ghana bleeding cash (losses) but Governor acts like it’s a standing ovation at the Oscars and appears at public events, which a Governor is ideally supposed not to be. He is the first Governor in the history of Ghana who has been seen on screens not for banking reasons”.
The netizen posts on the back of The Minority in Parliament disputing the official Bank of Ghana’s (BoG) figures, which claimed they made a GH¢15.6 billion operating loss for the 2025 financial year.
According to the Minority, they acknowledge the BoG’s transparency in its public disclosure, but disputed the figures.
Kojo Oppong Nkrumah, the Member of Parliament (MP) for Ofoase-Ayirebi and Ranking Member of Parliament’s Economy and Development Committee, alleged that the central bank employed “artificial recognition” and “clever accounting” to move portions of the deficit into “other comprehensive income”.
He detailed that the move effectively downplayed the scale of the operating loss.
Kojo Oppong Nkrumah argued that the BoG’s “true operating loss” is closer to GH¢34.9 billion, adding that once gold sale proceeds are factored in, the total comprehensive loss nears GH¢44 billion.
Speaking at a press conference on Sunday, May 3, Kojo Oppong Nkrumah disputed official figures, saying, “The government and its spin doctors, led by the NDC party officials who did that press conference, are trying to convince the people of Ghana that their loss is GH¢15.6 billion.
“We regret to tell the people of Ghana that this is not true. The true operating loss of the Bank of Ghana for the year 2025 is GH¢34.9”, he remarked.
He stated, “The government says the loss is GHC15.6 billion. The true operating loss of the Bank is actually GHC34.9 billion cedis.
In fact, if you add back the 9.6 billion cedis proceeds from the Gold sales, the recalculated loss is actually GHC44 billion.”
Also, the Minority in Parliament has cautioned the Bank of Ghana against the growing politicisation of the central bank.
He argued that the politicisation of the central bank could undermine its operational independence and credibility.
According to Oppong Nkrumah, the Bank of Ghana must remain insulated from partisan influence.
“The Governor, the Board and the government should take note that this politicisation of the central bank will create issues for the operational independence and credibility of the bank going forward. This must stop.
“Mr Governor, if you allow the NDC party to dictate to you how to comply with the law, you will set a precedent that will collapse the operational independence of the bank. The bank is not a political party,” he stated.
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