BoG to use 5-months to destroy new Ghana cedi notes – A Plus claims

BY JOSEPHINE KUUBAIBONG - Aug 09, 2019 at 11:05am 100

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Kwame A Plus, a known hiplife musician and sympathiser of the ruling New Patriotic Party (NPP), has alleged that the Bank of Ghana will be using about 5-months to destroy the new Ghana cedi notes which were printed under erstwhile John Mahama’s government.

According to him, some of the notes are brand new in containers which are yet to be cleared from the port.

He wrote on his Facebook timeline that, “the Bank of Ghana (BoG) has already spent one-week destroying new cedi notes printed by the previous government but has not succeeded in destroying 10 per cent of the total sum which has to be destroyed.”

“Why is it that every government prints new notes.....You will not believe the cost of printing these notes.....It can build schools and hospitals for many deprived communities.....Why do we take our money, give it to white people to print new money, only to change the design and destroy them.....Why does every government design and print new notes.....I don't understand it?” he quizzed.

Read A Plus’ full post below

As we speak today, the bank of Ghana has already spent 1 week destroying new cedi notes printed by the previous government but has not succeeded in destroying 10 percent of the total sum which has to be destroyed. Some of the notes are new ones in containers which were not cleared from the port before the NDC left power. The reason why they are being destroyed is that the NPP decided to print new ones so the old ones must be destroyed.

Why is it that every government prints new notes? You will not believe the cost of printing these notes. It can build schools and hospitals for many deprived communities. Why do we take our money, give it to white people to print new money, only to change the design and destroy them? Why does every government design and print new notes? I don't understand it?

Information I have is that, the money to be destroyed is so much that, it will take about 5 months to completely destroy all of it. What was wrong with the design of the old notes that we had to redesign new ones and destroy the old ones?

At our current state, do we honestly believe that our number one priority to move Ghana forward is new designs of cedi notes? The sad thing is that NDC will also come to power and design new ones.

The money paid to those who destroy it can build schools for villages. Those people are richer than business tycoons in this country. Oman fo sei. Ghana!!! Tweaaa!!!

I don't want to hear "I'll go to court." I watch your CCTV cameras from my bedroom. Don't try me.

I'm Halfman Halfbosom

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