Bank of Ghana’s decision to print the higher denominations of the country’s currency was mainly to aid corruption under President Akufo-Addo’s government, according to National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah.
The leader of the opposition party believes the move by the Central Bank was to aid the NPP to steal from the state coffers.
“Prior to printing of the higher denominations [GHS100 and GHS200] we [NDC] questioned the basis of that decision owning to Dr. Bawumia’s slogan of digitalising everything in the country. But they insisted and went ahead to print those denominations.
“They did the printing in order to make it [stealing] easier and hide it under their beds,” Asiedu Nketiah said on the Angel Morning Show.
According to him, the motive behind the printing of the denominations remains unexplained to the satisfaction of well-meaning Ghanaians.
“And up till date, there’s no reasonable explanation behind printing out these GHS200 and GHS100 denominations apart from what we are witnessing… in hoarding state funds as well as using them for vote buying….,” the General Mosquito as he is fondly known on the political landscape told host of the program, Okatakyie Afrifa-Mensah.
He added: “I have never been convinced why Bank of Ghana printed these denominations.”
