Lawyer Requests Removal of Isaac Adongo from Bank of Ghana Board Due to Oversight Concerns
Austin Kwabena Brako-Powers has urged President Mahama to remove Isaac Adongo from the Bank of Ghana Board, citing concerns over conflicts of interest. He argues that MPs should not be on boards of state institutions to enhance accountability and strengthen Parliament’s oversight. The new Board was constituted on February 26, 2025, and includes various experts and representatives from the financial sector.
Austin Kwabena Brako-Powers, a private legal practitioner, has urged President John Mahama to remove Isaac Adongo, the Member of Parliament for Bolga Central, from the Board of the Bank of Ghana. The lawyer articulated concerns that Mr. Adongo’s position could interfere with Parliament’s oversight of the central bank’s operations. He emphasized that if President Mahama is genuinely dedicated to fighting corruption, it is imperative to eliminate MPs from boards of state institutions.
On February 26, 2025, President Mahama announced a new Board of the Bank of Ghana, comprised of 12 members, including Dr. Johnson Pandit Kwesi Asiama as Chairman, and Dr. Zakari Mumuni as First Deputy Governor. Other board members include representatives from the Ministry of Finance and various financial disciplines. Among them is Mr. Adongo, who holds an economist position.
Responding to the composition of the new Board, Mr. Brako-Powers insisted on the urgent need to withdraw Mr. Adongo’s membership. He questioned, “How would Parliament exercise its oversight responsibilities effectively knowing one of its members is on the BoG Board?” This statement underscores concerns regarding the integrity of checks and balances within the government.
The legal practitioner firmly stated that Members of Parliament should not serve on boards of public institutions. His remarks highlight a commitment to strengthening governance processes and enhancing accountability in public service arrangements. This, he argues, is essential for restoring public trust in institutions designed to oversee financial matters.
In summary, the call by Austin Kwabena Brako-Powers for President Mahama to remove Isaac Adongo from the Board of the Bank of Ghana raises significant concerns about potential conflicts of interest. The necessity of maintaining clear oversight roles for Parliament is stressed, along with a broader argument against MPs serving on state boards to bolster public accountability. Such actions are essential in fostering integrity within government institutions.
Original Source: 3news.com
