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Parliament Sends Envoys To Investigate Closure of Ghana’s Embassy Account By ING Bank In Belgium

The Legislative body of the Government of Ghana has sent envoys to Brussels to investigate the closure of Ghana’s Embassy account by order of ING Bank in Belgium.

According to the Chairman of Parliament’s Committee on Foreign Affairs, Mr Frank Annor Dompreh, envoys made up of a representation of both Majority and Minority in Parliament have been dispatched to Belgium.

He indicated that the delegation is required to return with a report on their discoveries, so as to get to the bottom of the issue.

“We have tasked MPs who have the capacity in terms of financial backgrounds who can help us unravel the mystery so we can have a report.

“The committee together with the ministry in our wisdom came together to put together a team on our part to go there who have the needed background to come out with a report,” he said.

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In an interview with Joy News, Mr Frank Annor Dompreh argued that the report would help with understanding the reasoning behind the decision. This, he stated, will enable the country to take the necessary actions.

The initiative by parliament follows an order by ING Bank for the Ghanaian Embassy in Belgium to withdraw the entirety of its cash. The request would facilitate the closure of the embassy’s accounts, the bank expressed.

Although the bank has not given reasons, other than its regulations for the order of withdrawal, a stipulated time, November 12, 2020, has been given to the embassy to withdraw its cash since the bank’s decision is irreversible.

The ING Bank stated its action is premised on Article 59 of the bank’s General Regulations. The said article states:

“Without prejudice to the provisions stipulated by specific agreements or regulations, in particular, the Special Regulations for Payment Transactions, for Transactions and services covered by these Regulations, both the Client and ING may – without being required to justify their decision – terminate all or part of the business relationship they have entered into, subject, where appropriate and at the request of the other party, to compensation for any loss suffered as a result thereof, which the other party shall substantiate.

“The party which wishes to terminate its business relations shall notify the other party of its decision in writing…”

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Mr Frank Annor Dompreh stated that the closure of accounts is not associated with the country’s Foreign Policy.

“There is no problem with our foreign policy. These issues are not peculiar to Ghana. There are a number of nations across the world who have one way or the other experienced this challenge,” he added.

He further added that Ghana’s reputation has no way been tainted by the current circumstances because “the country has always displayed transparency and a level of professionalism” in dealing with foreign missions.

“Ghana is respected out there and that no one can take from us,” he said.

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Kwesi Appiah

Appiah Kwesi Anokye Dennis Jnr, professionally known as Kwesi Appiah is a Ghanaian celebrity blogger and writer.

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