True, NDC has pledged to prosecute BoG Governor over economic mismanagement

Claim: NDC has communicated its intent to prosecute the current Bank of Ghana Governor for illegal actions and economic mismanagement. They have also pledged an overhaul of BoG and intend to reinstate the revoked licenses of some banks.

Verdict: True

Explanation: The National Communications Officer of the party, Sammy Gyamfi, in an interview on Onua TV on August 9, 2023 said that the Governor of the Central bank, Ernest Addison, and members of the Bank’s board will face prosecution for decisions which led to the bank incurring a GHC 60bn loss. 

“Ernest Addison is jail bound. He is destined for jail. There is no way Addison will not be prosecuted, there is no way,”  he declared in the interview (between minutes 0:00 – 4:40).

In the 2024 NDC Manifesto (page 23 and 24), the party said it was going to “restore the licenses of wrongfully collapsed financial institutions” as well as “restructure the Bank of Ghana to strengthen its independence and operational efficiency to deliver its price and financial stability mandate.”