A minority group in Congress has intensified its battle in opposition to the controversial 0.75 % payment on MTN cell cash transactions, demanding a everlasting and unconditional suspension of wallet-to-bank and bank-to-wallet switch charges launched with out express legislative approval.
The event comes after an eventful week wherein the Financial institution of Ghana (BoG) issued an emergency directive ordering Cellular Cash Fintech Restricted (MMFL) to droop the deliberate introduction of transaction charges pending additional session with stakeholders.
Nevertheless, addressing the press in parliament on Friday, Might 29, 2026, Minority Chief Alexander Afenyo-Malkin made it clear {that a} mere short-term suspension of dues wouldn’t appease the opposition.
He argued that until the chief department introduces formal laws backed by parliamentary laws, the central financial institution should utterly dismantle its coverage framework.
“The Financial institution of Ghana should completely prohibit wallet-to-bank charges or bank-to-wallet charges that quantity to transaction taxes, until licensed by an Act of Parliament,” the Minority Chief acknowledged with dignity.
A minority has raised critical authorized purple flags over the mechanism used to introduce the 0.75 per cent cost. They argue that trying to bypass parliament by utilizing non-public or state-backed fintech operators to gather transaction charges is a direct violation of Ghana’s 1992 Structure.
To deal with this structural overreach, Mr. Afenyo-Malkin formally requested speedy authorized intervention from the state’s chief authorized adviser.
He tasked the Legal professional Basic and the Minister of Justice to concern a ultimate constitutional roadmap on how taxes and levies could be lawfully imposed on Ghanaians, explicitly citing the Parliamentary Oversight Protocol.
“…The Legal professional Basic should concern a proper opinion on the constitutionality of bypassing Parliament and Part 174 to impose a levy on fintech operators,” Afenyo-Markin mentioned.
The Minority Chief additionally referred to as for the Minister of Finance to be dropped at the plenary session to reply key questions in regards to the supply of the canceled charges and to make clear the state’s relationship with fintech operators.
“…the Minister of Finance should seem earlier than Parliament to clarify the choice behind the MMFL announcement and discover out whether or not the executives had been conscious of it or inspired it,” he demanded.
Opposition MPs consider the proposed payment quantities to a betrayal of belief, particularly given the high-profile political pledges the ruling authorities has made up to now to guard the delicate digital financial system.
Afenyo-Markin concluded the press convention by insisting that the federal government should formally and unreservedly apologize to Ghanaian voters if investigations reveal that executives performed a hidden function in encouraging MMFL to introduce charges.
“Lastly, the federal government should eat its humble pie by apologizing to the very Ghanaians it promised to interrupt its solemn election promise,” he added.
