Tag Archives: US$250m

In the 1990s, the Bank of Ghana began the search for adequate and secured land for a new Head Office, given that the Central Business District had caught up with the existing Head Office and the need to expand to meet its growing operations. i. In the year 2011, the …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has published new documents relating to the now controversial new head office of the Bank of Ghana (BoG). The documents relate to correspondence between the Ministry of Finance and the central bank on among others, the issue of variation of project cost. The most recent …

Osagyefo Oseadeeyo Agyemang Badu II, the Dormaahene, has spoken out against the central bank’s new head office project which has been valued at US$250m according to the Minority in parliament. The Dormaahene, who doubles as a High Court judge, lamented that this was not the time for the Bank of …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has published documents suggesting that the original value of the Bank of Ghana’s new offices was a little over US$81m but is now likely to exceed the US$250m tag given by the Minority in Parliament. The MP, in a publication dated …