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'I Have Nothing To Hide' - Fmr. BoG Governor Braces For Possible Prosecution   
 
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21-Jan-2019  
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Former Second Deputy Governor of Bank of Ghana says he is ready to face prosecution following allegations linking him to the banking crisis.

“I am ready, I have nothing to hide,”  Dr Johnson Asiama braced himself in an interview with Raymond Acquah on Upfront. 
 
The third National Vice-Chairperson of the governing New Patriotic Party Michael Omari Wadie has pointed accusing fingers at Dr. Asiama over the financial crisis that has led to the collapse of nine local banks.

Dr. Asiama confirmed in the interview, he is under investigation at the Economic and Organised Crime Office (EOCO). 
 
The former deputy Governor who lasted 21 months in office said following his exit he has “heard a lot of tip offs that there are hawks in the party who think that I should be slaughtered.” Fingers have been pointed at the Bank of Ghana over the country’s financial crisis and its failure to enforce banking regulations.

Banks were allegedly set up without meeting the minimum capital requirements, while liquidity support to some struggling banks ended up being used to set up new banks.

There are also reports that millions in liquidity support to some banks was used to say thank you to top officials at BoG for okaying the release of public funds to private bankers. 
 
Dr. Johnson Asiama, denied taking any money from banks which received such support.
 
 
Source: myjoyonline.com
 
 

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