Isaac Adongo, the Deputy Ranking Member on the Finance Committee of Parliament, has strongly criticized the Governor of the Bank of Ghana, Dr. Ernest Addison, for the delay in filing the financial statements of the central bank.

Mr. Adongo has indicated that if the Governor fails to submit the financial statements, he may be subpoenaed by Parliament to answer questions regarding this matter.

Under the law, the Bank of Ghana is required to publish its assets and liabilities every 15 days and submit its financial statements by the end of each month.

Mr. Adongo emphasized that this requirement is not being met and raised concerns over the lack of transparency and accountability in the bank’s financial reporting.

In response to the delay, Mr. Adongo has warned that all standard auditing procedures and financial processes applicable to the Bank of Ghana will be reviewed.

He stressed the importance of adhering to financial reporting regulations and ensuring that the central bank upholds its responsibilities in providing accurate and timely financial information.