July 25, 2024
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OSP begins probe into BoG’s $222M new head office after Mahama Ayariga’s petition

The Office of the Special Prosecutor (OSP) has initiated an inquiry into allegations of corruption in the procurement processes towards the construction of the new Bank of Ghana headquarters in Accra.

The Bawku Central MP filed the complaint on Monday, October 30.

The former Information Minister had formally requested the Office of the Special Prosecutor to investigate the surge in the project cost without approval from the Public Procurement Authority (PPA).

Mr Ayariga raised concerns about the significant increase in project cost from USD 121,807,517.94 to USD 222,799,760.55, despite a relatively smaller expansion in the scope of work.

He implicated the bank’s Governor, Deputy Governors, the Board of Directors, and the project contractor, Goldkey Properties Ltd, in the suspected corrupt activities.

The lawmaker also called for an investigation into the project consultants overseeing the work.

“I hereby make a formal complaint to your office to investigate what I believe to be a case of corruption in the procurement of the new headquarters building of the Bank of Ghana at Ridge in Accra. The suspects in this case include the Governor Dr Ernest Addison and Deputy Governors of the Bank of Ghana, namely: (1) Dr Ernest Addisson 1st Deputy Governor, Dr Maxwell Opoku Afari, 2nd Deputy Governor, Mrs ElsieAddo Awadzi.”

“The Members of the Board of Directors should also be investigated. The other suspect is the Chief Executive Officer of Messrs. Goldkey Properties Ltd. who are the contractors. The project consultants supervising the work should also be investigated.”

Subsequently, the staff of the OSP took the MP’s statement as part of the inquiry on Friday, November 17.

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