The Industrial and Labour court has thrown out the Bank of Ghana’s (BoG) attempt to be second defendants in a case between twelve labour unions and government over the the tier-two pensions management.
Justice Anthony Yeboah in his ruling stated that allowing the BoG as a defendant in the case will constitute an “abuse of the court.”
He noted that the laws governing the pension funds do not give the BoG any mandate to manage the funds deposited with them.