By Almamo Kamaso
Reacting to the President’s purported removal of the Governor of Central bank of the Gambia, the Secretary General and leader of the Gambia Moral Congress (GMC) said the President relying on Section 162 (2) of the Constitution to appoint a new Governor of the Central Bank is not correct.
“The above mention Section does not confer any authority on the President to do any such thing. The Section relates to the eligibility for appointment as member of Board of Directors of the CBG” He said “from among persons of standing and experience in financial matters”, and nothing more.
Mai Ahmed Fatty said the eligibility for appointment as Board member is different from the authority to appoint Governor. The President was misled into invoking the wrong provision of the law. It does not confer any power to appoint. “I am absolutely confident that this position is legally unassailable”
Section 162 (11) of the Constitution is to be read subject to the Central Bank Act 2018. The Governor can be removed only subject to the relevant provisions of the CBG Act 2018, and NOT Section 162(2) wrongly relied upon by the President.
The President has no authority in law to force the Governor out if he committed no wrong pursuant to Section 18(8) of the CBG Act 2018. This is another huge Executive blunder that must be reversed. Mistakes do occur, and if they do, honest leadership demands that they be corrected and we move on.