The Minister of Information, Kojo Oppong Nkrumah, has called on the Bank of Ghana to take swift action on persons who are advertising on some television stations that they have the ability to double money for their clients.
He has suggested to the central bank to state its position on the issue before matters come to a heat.
The minister was answering questions during the Upper East Regional Town Hall Meeting in Bolgatanga.
The issue of people claiming to have powers to double money to make people rich overnight on television is becoming a growing concern and the regulatory authorities appear not to be acting to avert future financial crisis.
The minister admitted the situation was worrying and said the regulators both in the financial and media sectors should not allow it to grow.
He also called on the media and civil society organizations to intensify the campaign for a YES vote to pave way for the election of municipal, metropolitan and district chief executives (MMDCEs).
According to the Information Minister, a positive outcome after the December 17, 2019 National Referendum would be positive for the country’s democracy because it seeks to trigger the amendment of Article 55(3) of the 1992 Constitution of Ghana to pave way for the public to elect whoever becomes their MMDCEs this time around.
“President Akufo-Addo promised that he would ensure a shift from the current system of appointing MMDCEs which some people say makes a President too powerful and prevents MMDCEs from being directly accountable to the people in the districts, municipality and metropolis,” he said.
“In fulfillment of this, the administration has completed all its consultations and preparatory works. The referendum is expected to come off on 17th December 2019 alongside the District Assembly elections. To secure a YES vote, there will need to be a 40 per cent turnout at least out of which 75 per cent of the votes must be YES,” he added.
Source: Daily Guide
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PLEASE YOU HAVE MY SUPPORT WAI. I AM WITH YOU ON THIS ONE. OUT TV STATIONS CAN'T BE USED TO EXPLOIT AND DESTROY OUR SOCIETY IN THAT MANNER. IT IS WHAT IS KILLING OUR YOUTH AND THE ENDLESS KIDNAPPING BECAUSE THEY WANT TO DOUBLE THEIR MONEY AND IN ORDER TO DO THAT, THEY NEED A BODY PART. ARREST THEM AND STOP THEM FROM ADVERTISING SUCH NO---NSE---NSE ON TV STATIONS. IT IS NEVER DONE IN ANY CIVILIZED COUNTRY. SO WE PRIDE OURSELVES OF CIVILIZATION, THEN THAT MUST STOP NOW. THANK YOU
Also, BOG and the media commission to deal with these media houses advertising these money doublers
GAMBLING IS A CRIME AND IT IS THE DUTY OF POLICE TO ARREST THOSE WHO DO IT. LIKEWISE MONEY DOUBLING IS A CRIME AND THE POLICE SHOULD ARREST THEM. THEY DONT NEED TO BE TOLD. IT IS IRRESPONSIBLE FOR THE WHOLE POLICE FORCE TO SIT AND WATCH SUCH EVIL INCLUDING FRAUDULENT ACTS OF SOME PASTORS WITHOUT TAKING ACTION.
WHAT ABOUT THE LOTTO OPERATORS AND THE SOCCER GAMING HOUSES?? ARE THEY NOT DOUBLING MONEY??? WE ARE MAKING OURSELVES LAZY AND GREEDY BY INSTUTIONALIZING THESE PRACTICES AND THE EVERYBODY WANTS QUICK WAY OF BECOMING RICH.
Are the money doublers the only criminals in Gh?
Why can't assembly mrn and women elect MMDCEs from among themselves
It is only in Ghana such advert is allowed. Fake Ghanians.
THIS IS LONG OVERDUE.