A pro-NDC account on X has alleged that an arrest warrant has been issued for the arrest of the former Bank of Ghana Governor Ernest Addison.
The pro-NDC account on X wrote, “ Arrest warrant has been issued to the former Bank of Ghana Governor, Ernest Addison”.
The reason for the alleged warrant remains undisclosed, however, the coming days will tell if there is any truth to the claims being made.
It will be recalled the National Democratic Congress (NDC) in 2023 on numerous occasions promised to jail the Bank of Ghana Governor Ernest Addison once they regain power in the 2024 elections.
According to the NDC, Dr Ernest Addison will be jailed for his role in the collapse of the Central Bank of Ghana. They noted that the once-well-regarded Bank of Ghana has now been bankrupted due to poor management.
In the 2022 fiscal year, the Bank of Ghana reported a GHC 60 billion loss which the Central Bank attributes to the Domestic Debt Exchange Programme (DDEP) and rising inflation.
The BoG losses triggered public discussion and increased political tension, with the NDC blaming the BoG for gross monetary negligence and lack of accountability.
The NDC minority caucus in parliament also exposed Ernest Addison for printing huge sums of money which caused Ghana’s depreciation of the cedi, they accused the Central Bank of being a crime scene with Ghana’s debt rising from GHS120 billion in 2016 to GHS600 billion in 2022.
Sammy Gyamfi, the National communication officer of the National Democratic Congress (NDC) in an interview on Onua TV on August 9, 2023, revealed that the Governor of the Central Bank, Ernest Addison, and the Bank’s board are jailed-bound for their decisions that led to the bank sustaining a whopping GHC 60 billion 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.
Meanwhile, the home of Ernest Addison was stormed by the director of special operations at the National Security Secretariat, Richard Jakpa together with some 20 armed men.
According to reports, the raid occurred on Wednesday 19 March 2025 at around 5 am at Ernest Addison’s home in Accra.
See the post below:
Arrest warrant has been issued to the former Bank of Ghana Governor, Ernest Addison pic.twitter.com/WziEAlAeds
— With All Due Respect (@cdzas) May 29, 2025
