The Bank of Ghana has filed a motion at the High Court in Accra asking the court to strike out a suit filed by a Ghanaian retiree who has dragged the bank and its immediate past Governor, Dr Ernest Addison, to court, citing gross negligence in the management of the Ghana Cedi.
According to the Bank of Ghana the pleadings by the plaintiff, does not disclose any reasonable cause of action
In a write filed at the Accra High Court, the plaintiff, Balbir Violet Allan, a resident of Adabraka, avers that when the former Governor assumed office in February 2017, the cedi-dollar exchange rate was GH¢4.26 to $1.
The Bank of Ghana is the first defendant with Dr Ernest Addison, the immediate past Governor as the second defendant.
It is also the case of the the BoG that the application constitutes an abuse of the court’s process per the terms of the accompanying affidavit and for such orders as the court may deem fit.
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