Recent claims about Dr. Johnson Asiama’s appointment as Governor of the Bank of Ghana by CDM are misleading and threaten institutional credibility. His appointment has legal backing, and previous allegations have been dismissed by the Attorney General’s Department. The push for external validation by CDM is a challenge to Ghana’s sovereignty, and political actors should focus on stability rather than political distractions.
Recent media reports claiming that the Center for Democratic Movement (CDM) intends to petition the IMF regarding the appointment of Dr. Johnson Asiama as Governor of the Bank of Ghana (BoG) present a misleading narrative. This narrative risks diminishing public trust in Ghana’s institutions and could undermine the nation’s economic credibility. It is crucial to clarify the facts regarding the appointment to uphold legal integrity.
Dr. Asiama’s appointment adhered strictly to Ghana’s constitutional and legal framework. President John Dramani Mahama exercised his constitutional prerogative to appoint Dr. Asiama, which ensures stable leadership for the Bank of Ghana. Allegations suggesting that it violated constitutional principles are unfounded and do not reflect the established legal processes.
The assertions made by CDM that allegations against Dr. Asiama are unresolved are incorrect. An exhaustive review by the Attorney General’s Department found no prosecutorial basis, leading to the case being dismissed. According to Ghanaian law, the Attorney General’s decision to discontinue prosecution implies the matter is settled unless new substantial evidence emerges, which has not occurred.
Additionally, the current Attorney General, Dr. Dominic Ayine, shared an internal memo indicating that the Prosecutions Division had urged dropping charges due to lack of merit. The decision to pursue a court case, however, was taken by the former Attorney General despite the memo’s recommendations, further indicating the unjustified nature of those charges.
Questions regarding the legitimacy of a sovereign appointment like that of a Central Bank Governor are concerning. Dr. Asiama’s role should not require external validation from the IMF or other international bodies, as such appointments are critical to national governance. Major economies, including those within the IMF structure, do not seek external approval for their central bank appointments.
The CDM’s call for external involvement undermines Ghana’s institutional independence and economic sovereignty. Sovereign nations, including Ghana, must respect their autonomy in decision-making, especially in matters of national economic governance. It is alarming that domestic political groups are advocating actions that could weaken Ghana’s self-determination.
In pursuing stability and leadership, it is essential for political actors to act responsibly. The Bank of Ghana plays a vital role in financial stability and investor confidence, and any political distractions only serve to weaken these institutions. Moving beyond unfounded allegations is necessary to focus on effective solutions for economic stability and progress. All parties must respect Ghana’s institutions and allow Dr. Asiama to fulfill his responsibilities without political interference.
In conclusion, the appointment of Dr. Johnson Asiama as Governor of the Bank of Ghana followed legal and constitutional frameworks, and allegations against him have been resolved without merit. The push by CDM for external validation is counterproductive and undermines Ghana’s sovereignty. Upholding national integrity and allowing the Bank of Ghana to operate without political disputes is essential for ensuring economic stability and credibility.
Original Source: www.ghanaweb.com
