For eight years, the NPP government pursued criminal charges against Dr. Johnson Asiama—yet failed to convict him. Not because of political interference, but because the case was baseless from the start. Their attempt to criminalize his actions as Deputy Governor of the Bank of Ghana (BoG) was a political witch hunt, and their failure to convict him proves how weak their case was.
Now, Dr. Gideon Boako and the NPP want to discredit Dr. Asiama’s appointment as BoG Governor. But let’s be real—this isn’t about governance or accountability. It’s a distraction. The same people attacking Asiama have ignored Ghana’s real economic crisis and corruption for eight years.
A Case Built on Nothing
For years, the NPP failed to produce credible evidence against Dr. Asiama. The charges—breach of the Bank of Ghana Act and causing financial loss—had no real foundation.
Here’s the truth:
- Liquidity support to Unibank and UT Bank followed proper procedures and was fully accounted for.
- No financial loss occurred, confirmed by court records and independent reports.
- Former Attorney General Godfred Dame admitted the case was weak and even suggested dropping it.
If the NPP’s own Attorney General couldn’t justify the case, what does that tell you? This was never about justice—it was a political hit job.
Selective Prosecution and Hypocrisy
Liquidity support wasn’t Dr. Asiama’s personal decision—it was a policy directive. Yet the NPP singled him out while:
- Other Deputy Governors who approved the same policies were untouched.
- The BoG Governor at the time faced no charges.
- The NPP government continued liquidity support for Unibank under their own leadership.
If this was truly a crime, why did they keep doing the same thing? The selective prosecution proves this wasn’t about legality—just political bias.
Falsifying Evidence: How Far Were They Willing to Go?
When it became clear they had no real case, some people within the Bank of Ghana went a step further—they falsified official email correspondence to frame Dr. Asiama.
This wasn’t speculation. It was exposed in court.
Instead of investigating the officials behind this criminal act, the NPP government looked the other way. Why? Because justice was never their goal—political persecution was.
The Real Issue: Ghana’s Economic Collapse
While the NPP wasted years chasing a phantom case, they ignored the actual crisis within the Bank of Ghana:
- Under their leadership, the BoG lost GH₵60.8 billion in 2022 alone, mainly due to domestic debt restructuring.
- This left the bank with negative equity of GH₵54.42 billion, meaning liabilities exceeded assets by a massive margin.
- The BoG isn’t technically bankrupt—central banks can operate with negative equity—but it is financially strained and now needs recapitalization from a government already struggling under an IMF program.
So, let’s get this straight: the NPP wrecked the economy, left the BoG in crisis, and now want to talk about accountability? Spare us the hypocrisy.
Dr. Gideon Boako, as Economic Advisor to the Head of the Economic Management Team, was at the center of these failures. His sudden concern for governance now? Laughable.
The Attorney General’s Decision: A Reality Check
The Attorney General has the constitutional discretion to drop baseless cases—and that’s exactly what happened.
- The NPP had eight years to prove their case and failed.
- If they had real evidence, they would have secured a conviction.
- Their failure proves this was never about justice—just persecution.
Conclusion: Time to Move Forward
The NPP’s failure to convict Dr. Asiama confirms what many have known all along—this case was politically motivated and legally hollow.
Ghana has bigger problems—a collapsing economy, rising debt, and a struggling financial sector. Instead of chasing political vendettas, it’s time to fix the mess they created.
It’s time to let Dr. Asiama serve his country without this baseless political persecution hanging over him
