Despite the pressure on the governors of the Central Bank for alleged mismanagement, the former Minister for Central Region, Kwamena Duncan says the governors must rather be rewarded for their service to the state.

The Minority is calling for the heads of the governors of the Bank of Ghana following the bank’s 60 billion cedis loss and the controversial $250 million new headquarters.

The governor and his deputies have been asked by the Minority in Parliament to resign from their posts and a picketing at the premise of the BoG has been planned to enforce the calls.

But the Governor has cleared the air on why the bank incurred the abovementioned sum of money. He says this amount was necessitated by the bank providing the needed support to cushion Ghana during the pandemic season.

In his justification, the governor, Dr. Ernest Yedu Addison explained that “the Bank of Ghana was able to step in with the support to the economy…This is a reflection of the resilience of the Bank of Ghana for being able to rise up to the occasion to play its statutory role as the lender of last resort to support the economy during the crisis”, he said.

Commenting on the calls by the Minority, the former Central Regional Minister who was speaking on Accra-based Peace FM rubbished the calls for resignation. According to Kwamena Duncan, the governors rather deserve an award.

He stated that “if you want people to award, let’s award them” insisting that their decision was prudent in saving Ghana’s economy in hard times.

“It is only an unappreciative citizenry; it is only an opposition that they want power at all cost, an opposition, unfortunately, we have known them, their period in office we have seen it, the person they have selected them, we know him but they want power at all cost,” he said.