Per the Banks and Specialized Deposit-Taking Institutions Act, Act 930 the central bank has the power to decline such invitation. So I believe the Bank of Ghana lawyers were only stating the fact of the law not to appear before parliament. That would have been one of the best things that would have happened to this country,” he said. “In England, they allowed the dust to settle and then appointed and selected a committee to look at what happened. It is not in the middle of the court issue that one is required by the Bank of England to respond to an invitation.

Source: GhanaWeb June 14, 2021 12:33 UTC