BoG Gold Watch Saga Atta Akyea faults Mahama over BoG gold watch purchase

Speaking on Multi TV's Newsfile Saturday, the Abuakwa South legislature said dissipation of public funds has become viral under the watch of president Mahama.

  • Published:
play Samuel Atta Akyea,
24/7 Live - Subscribe to the Pulse Newsletter!

The Member of Parliament for Abuakwa South constituency, Samuel Atta Akyea,  has blamed president John Mahama for the central bank's decision to spend GHC2 million on gold watches for some retired senior staff.

According to him, president John Mahama has given rise to impunity, making public servant feel they can do whatever they desire and get away with it.

Speaking on Multi TV's Newsfile Saturday, the Abuakwa South legislature said dissipation of public funds has become viral under the watch of president Mahama.

He further questioned the president's commitment to punish wrongdoers, citing multiple scandals under the watch of the president to make his case.

"There is a culture of impunity," he stressed.

The Bank of Bank (BoG) is purchasing gold watches for some of its staff who are on retirement after 30 years of service.

The purchase of the gold watch has been severely criticised as a wrongful application of state resources.

But the central bank has defended the purchase of the watches.

In a statement, the BoG explained that as per the tradition of the Central Bank, they award to staff of the Bank who has served in the institution for thirty years or more.

“End of service benefits, as part of the conditions of service for staff, is a longstanding tradition of the Bank, an obligation the Bank has always fulfilled to boost staff morale and commitment to the goals and ideals of the institution. The award scheme has been the convention of the Bank since the 1970s.”

However, Atta Akyea believes there is no moral justification for the "luxurious" watch, saying it is "unconscionable."

He stressed that "leadership is symbolism" in the fight against rein in public spending, concluding the president has not shown leadership since assuming office in 2012.

Download our mobile app today.

Android - Google Play Store

iPhone - Apple App Store

Recommended Articles

Recommended Videos




Top Articles

1 Election 2016 IMANI sets 5 priorities for president-elect Akufo-Addobullet
2 CNN False Report CNN faces backlash over false report on Ghanabullet
3 In Central Region Police intercept a bunch of cedi notes in over 30...bullet
4 Electoral Commission My husband did not design new EC logo -...bullet
5 Election 2016 Goodluck Jonathan urges Akufo-Addo to reunite Ghanabullet
6 2016 elections Nana Addo has won spiritually but… - Prophetbullet
7 Redevelopment Mahama opens Kejetia market today [Photos]bullet
8 Election 2016 Ghana's presidential candidates make final...bullet
9 Kwabena Boadu 'I am devastated'- Bawumia writes in a...bullet
10 Election 2016 Ghana's opposition candidate 'confident'...bullet

Top Videos

1 Kwame Nkrumah Interchange Water leaks from hole in wall at new Kwame...bullet
2 Woyome Judgement Debt Kweku Baako dances over Amidu's winbullet
3 Obinim What happen'd when we fact checked Obinim's Bible knowledgebullet
4 Obinim saga We had sex only once - Obinim victims confessbullet
5 Video Florence Obinim defends husband Bishop Obinimbullet
6 Video IEA Presidential Townhall 2016bullet
7 Elections 2016 Nana Addo holds conference in Kumasi ahead of...bullet
8 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet
9 Bishop Obinim Saga Teenagers disciplined by Obinim speak outbullet
10 Ashiaman This is what being a market queen is aboutbullet

News