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Bank of Ghana’s directive of ‘No Ghana Card no bank’ ‘sickening’ – MP

The Member of Parliament for South Dayi constituency, Rockson-Nelson Etse Kwami Dafeamekpor has said the Bank of Ghana’s directive to all banks in the country to accept the Ghana card as the accepted identity document, specialised-deposit taking institutions, non-deposit-taking financial institutions, forex bureaux, and credit reference bureaux is “sickening”.

He said the “banking sector has become worse since the fraudulent “clean-up” which only saw the killing of banks of political rivals.”

Also, only the Ghana card can be used for payment service providers and dedicated electronic money issuers.

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A statement issued by the central bank on Wednesday, January 19, 2022, signed by Secretary Sandra Thompson, said: “In furtherance of its objective of ensuring the safety of the financial system”, and in “pursuant to Regulation 7 of the National Identity Register, 2012 (L.I. 2111)”, it “hereby directs that with effect from I July 2022, the Ghana card shall be the only identification card that will be [used] to undertake transactions at all Bank of Ghana-licensed and regulated financial institutions.”

But the NDC MP disagreed with the BoG’s directive.

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In a Twitter post, he asked “In which country will you find that only 1 form of ID card is accepted for banking purposes?”

He also asked about the essence of the use of passports used for business transactions.

   

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