Deputy Minority Whip and Tolon MP, Habib Iddrisu, has expressed the Minority’s satisfaction with the cost breakdown of the Bank of Ghana (BoG) headquarters project, stating that it dispels suspicions of financial misconduct.
BoG Governor Johnson Asiama informed Parliament on Wednesday, March 5, that as of February 2025, approximately $230 million had been paid towards the project, with an outstanding $31.8 million still due. He also disclosed that $48.3 million had been paid in taxes and levies related to the construction.
Governor Asiama further detailed the costs of key project components: ICT systems and network infrastructure at $8.6 million, integrated electronic systems at $15.8 million, and furniture and furnishings at $11.1 million.
Speaking on Eyewitness News, Iddrisu emphasized that the governor’s breakdown enhances transparency and eliminates suspicions of financial misconduct.
When asked about the project’s cost rising from $81 million to $261 million after a redesign, he justified the increase, citing the added amenities.
“Let me alone with what the governor presented was satisfying. We were satisfied with it and felt he presented a clear picture and itemized everything. Even our colleagues in the Majority who thought there was something fishy there could not even ask questions.
“They thought he was coming to say a lot of things. But if you look at exactly what was going to be done, you cannot say that it was very high,” he stated.
